[m.youssif]

EURJPY Forecast
The EURJPY continued its bearish momentum on Friday, bottomed at 106.93 and now struggling around 107.30 support area. The bias remains bearish in nearest term targeting 106.25 before testing 105.42. Immediate resistance at 107.60. Break above that area could lead us to neutral zone in nearest term testing 108.00/50 but overall we are still in strong bearish outlook for this pair.

[m.youssif]

EURJPY Forecast
The EURJPY continued its bearish momentum on Friday, bottomed at 106.93 and now struggling around 107.30 support area. The bias remains bearish in nearest term targeting 106.25 before testing 105.42. Immediate resistance at 107.60. Break above that area could lead us to neutral zone in nearest term testing 108.00/50 but overall we are still in strong bearish outlook for this pair.