[m.youssif]

EURJPY Forecast
The EURJPY was volatile but indecisive yesterday. On hourly chart below we can see price attempted to push higher but found a good resistance at the violated trend line support. This fact keeps the bearish phase intact testing 118.40/00 support area. Immediate resistance at 120.38. A clear break above that area would lead us to neutral zone in nearest term testing 121.00.

[m.youssif]

EURJPY Forecast
The EURJPY was volatile but indecisive yesterday. On hourly chart below we can see price attempted to push higher but found a good resistance at the violated trend line support. This fact keeps the bearish phase intact testing 118.40/00 support area. Immediate resistance at 120.38. A clear break above that area would lead us to neutral zone in nearest term testing 121.00.