[m.youssif]

EURJPY Forecast
The EURJPY made another volatile but indecisive movement yesterday. The bias remains neutral in nearest term. There are no changes in my daily technical outlook where overall price still trapped in range area of 110.80 – 114.00. Do not rush jump into the market. I still prefer a bullish scenario but would need a clear break above 114.00 to reactivate my bullish mode targeting 114.90 – 115.65. Aggressive intraday traders can long around 112.08 with stop loss below 110.80 while conservative traders can long around 110.80 with smaller stop loss, with the same target around 114.00 even higher.

[m.youssif]

EURJPY Forecast
The EURJPY made another volatile but indecisive movement yesterday. The bias remains neutral in nearest term. There are no changes in my daily technical outlook where overall price still trapped in range area of 110.80 – 114.00. Do not rush jump into the market. I still prefer a bullish scenario but would need a clear break above 114.00 to reactivate my bullish mode targeting 114.90 – 115.65. Aggressive intraday traders can long around 112.08 with stop loss below 110.80 while conservative traders can long around 110.80 with smaller stop loss, with the same target around 114.00 even higher.