Action Insight-Forex Analysis – EUR/JPY Daily Outlook

With 4 hours MACD crossed below signal line, EUR/JPY’s recovery from 124.73 has possibly completed at 126.96 after hitting 4 hours 55 EMA. Intraday bias is cautiously on the downside for 124.73 and break there will confirm fall resumption towards 100% projection of 138.47 to 126.88 from 134.36 at 122.77…
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