EUR/JPY – Currency exchange rate forecast 23.08.2019: below its lower Bollinger band

<p>Alternative scenario: the upside breakout of 118.24 would call for 118.62 and 118.85. Our pivot point stands at 118.24. Our preference: the downside prevails as long as 118.24 is resistance. Alternative scenario: above 118.24, look for 118.62 and 118.85. Comment: the RSI is below its neutrality area at 50. The MACD is negative and below [&#8230;]</p>
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