EUR/JPY’s steep decline last week indicates medium term topping at 187.93, on bearish divergence condition in D MACD. But a temporary low should be formed at 182.28. Initial bias is turned neutral this week first. Risk will stay on the downside as long as 55 4H EMA (now at 186.00) holds. Below 182.28 will extend […]The post EUR/JPY Weekly Outlook appeared first on ActionForex.