EUR/JPY may rise 74 - 107 pips.

EUR/JPY may rise 74 - 107 pips.

Our pivot point is at 183.02.

Our preference : As long as 183.02 is support look for 184.54 Alternative scenario Below 183.02, expect 182.46 and 182.13.

Comment : The RSI is above its neutrality area at 50.

The MACD is below its signal line and positive.

The price could retrace.

Moreover, the price is above its 20 and 50 period moving average (respectively at 183.43 and 183.04).