EUR/JPY intraday: eye 121.95

EUR/JPY intraday: eye 121.95
124.33 is our pivot point.

Most likely scenario: eye 121.95.

Alternative scenario: the upside breakout of 124.33, would call for 125.23 and 125.77.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under its 20 MA (123.75) but above its 50 MA (123.56).

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