EUR/JPY Mid-Day Outlook – ActionForex
Daily Pivots: (S1) 186.82; (P) 187.15; (R1) 187.64; More… EUR/JPY’s steep decline and strong break of 55 D EMA suggests medium term topping at 187.93, on bearish divergence condition in D MACD. Deeper fall could be seen to 180.78. But strong support should emerge there to bring rebound, at least on first attempt. However, decisive…