EUR/JPY Daily Outlook

[Forex-Outlook]

As noted before, EUR/JPY's strong recovery from 121.45 indicates that consolidation from 119.64 is still in progress and more rise could still be seen. But after all, upside is expected to be limited by 125.22 cluster resistance (38.2% retracement of 134.36 to 119.64 at 125.26) and bring fall resumption. Below...

Read Full Out-Look by Action Forex