EURJPY Forecast
The EURJPY continued its bearish momentum on Friday, fell below 114.00 but still struggling around that area so far. The bias is bearish in nearest term especially if price able to make a clear break below 114.00 targeting 112.05. Immediate resistance at 114.50. A clear break above that area would lead us to neutral zone in nearest term testing 115.50 but overall I still prefer a bearish scenario at this phase.
