[m.youssif]

EURJPY Forecast
The EURJPY was corrected lower yesterday but 120.38 support area still provide a good intraday support as you can see on my h4 chart below. I still prefer a bullish intraday outlook but a break below 120.38 could be a threat to my bullish intraday outlook testing 118.40/00 support area. On the upside we need a clear break above 121.40 to change the intraday bias back to bullish and keep the bullish scenario remains strong testing 121.80 – 122.50 before testing 123.31.

[m.youssif]

EURJPY Forecast
The EURJPY was corrected lower yesterday but 120.38 support area still provide a good intraday support as you can see on my h4 chart below. I still prefer a bullish intraday outlook but a break below 120.38 could be a threat to my bullish intraday outlook testing 118.40/00 support area. On the upside we need a clear break above 121.40 to change the intraday bias back to bullish and keep the bullish scenario remains strong testing 121.80 – 122.50 before testing 123.31.