EUR/JPY may rise 85 - 121 pips.

EUR/JPY may rise 85 - 121 pips.

Our pivot point is at 181.99.

Our preference : Rebound towards 183.90 Alternative scenario Below 181.99, expect 181.38 and 181.01.

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

The MACD is above its signal line and negative.

The configuration is mixed.

Moreover, the price stands below its 20 and 50 period moving average (respectively at 182.73 and 182.87).