[m.youssif]

EURJPY Forecast
The EURJPY failed to continue its bearish momentum yesterday after unable to make a break below 118.40 support area. From another perspective as you can see on my h1 chart below price is moving in a range area of 120.38 – 118.40 and need a clear break on either side to see clearer direction. A clear break above 120.38 could trigger further bullish pressure testing 121.40 while a clear break below 118.40 could continue the current bearish phase testing 117.00 even 116.00.

[m.youssif]

EURJPY Forecast
The EURJPY failed to continue its bearish momentum yesterday after unable to make a break below 118.40 support area. From another perspective as you can see on my h1 chart below price is moving in a range area of 120.38 – 118.40 and need a clear break on either side to see clearer direction. A clear break above 120.38 could trigger further bullish pressure testing 121.40 while a clear break below 118.40 could continue the current bearish phase testing 117.00 even 116.00.