EUR/JPY Daily Outlook

With 120.37 minor support intact, current rebound in EUR/JPY is still in favor to continue towards 123.31 resistance. Break will confirm resumption of recent rally towards 61.8% retracement of 139.21 to 105.42 at 126.30 next. On the downside, below 120.37 will turn intraday bias neutral first. Break of 118.49 will