[m.youssif]

EURJPY Forecast
The EURJPY attempted to push higher yesterday, topped at 113.44 but closed lower at 112.50. The bias is bearish in nearest term testing 111.60 but overall price still trapped in range area of 111.60 – 115.65. Immediate resistance at 113.44 and the minor trend line resistance (red). Break above that area could trigger further upside pressure testing 114.28.

[m.youssif]

EURJPY Forecast
The EURJPY attempted to push higher yesterday, topped at 113.44 but closed lower at 112.50. The bias is bearish in nearest term testing 111.60 but overall price still trapped in range area of 111.60 – 115.65. Immediate resistance at 113.44 and the minor trend line resistance (red). Break above that area could trigger further upside pressure testing 114.28.