The EURJPY was indecisive yesterday. Price attempted to push lower, bottomed at 98.73 but closed higher at 99.20. There are no changes in my technical outlook. The bias remains neutral both in nearest and medium term but as long as stays above 98.50 I still prefer to buy on dips. On the downside, a clear break and daily close below 98.50 will stop the bullish phase testing 97.00 0r lower.
The GBPJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term but as long as stays above 123.00 I still prefer to buy on dips with stop loss below 122.50 targeting 125.50 or higher. On the downside, a clear break and daily close back below 122.50/00 will stop the current bullish phase and continue the bearish scenario after broke below the triangle testing 120.40 or lower.
The AUDUSD was indecisive yesterday.* The bias is neutral in nearest term but as long as stays above 0.9910 price is still in a bullish phase. For me the best intraday plan for now is buy around 0.9910 or sell around 1.0200 with tight stop loss as the medium term outlook is still unclear.
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