|EUR/JPY intraday: as long as 124.18 is support look for 125.45|
|124.18 is our pivot point.
Most likely scenario: as long as 124.18 is support look for 125.45.
Alternative scenario: below 124.18, expect 123.72 and 123.45.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is below its 20 MA (124.60) but above its 50 MA (124.22).