The 50 percent retracement level is at 159.10 and the 61.8 percent retracement level is at 161.50. Both are potential targets although the longer term outlook remains bearish with the 200 and 55 day moving average still on the decline. Pivot point related resistance levels today are set at 158.93 and then 159.83. Support levels are at 156.90 and then 155.79. (excerpted from fxstreet)
My own take on EUR/JPY in 10 hours time
No comments:
Post a Comment