EURJPY Forecast
The EURJPY was volatile but indecisive yesterday. Price attempted to push lower, bottomed at 114.17 but closed higher at 115.27. There are some downside pressures earlier today in Asian session and another clear break below 114.50 could trigger another bearish pressure retesting 114.00 support area. A clear break below 114.00 could continue the bearish scenario testing 112.05. Immediate resistance remains around 116.00 followed by 117.00/50.
