EURJPY Chart Technical Outlook

EURJPY Chart Technical Outlook dips are bought, Although we saw a mild reaction to the downside close to yesterday’s resistance of 159.07, the dip has been bought. Today’s intraday support is located at 158.87. The 261.8% extension, and the likely exhaustion of this rally, are located at 159.97.
For now, the bias remains mildly bullish.

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