[m.youssif]

EURJPY Forecast
The EURJPY continued its bearish pressure on Friday on a broad Yen strength, slipped below 112.08 earlier today in Asian session but still unable to make a clear break below 112.08 so far. Overall we are still in a range market between 110.80 – 114.00 and there are no changes in my daily outlook and I still prefer a bullish scenario. Aggressive traders can still long around 112.08 with stop loss below 110.80 while conservative traders can long around 110.80 with smaller stop loss.

[m.youssif]

EURJPY Forecast
The EURJPY continued its bearish pressure on Friday on a broad Yen strength, slipped below 112.08 earlier today in Asian session but still unable to make a clear break below 112.08 so far. Overall we are still in a range market between 110.80 – 114.00 and there are no changes in my daily outlook and I still prefer a bullish scenario. Aggressive traders can still long around 112.08 with stop loss below 110.80 while conservative traders can long around 110.80 with smaller stop loss.