[m.youssif]

EURJPY Forecast
The EURJPY was indecisive on Friday. The bias remains neutral in nearest term but I will pay attention to the rising wedge formation as you can see on my h4 chart below as a break below the wedge could trigger further bearish pressure testing 109.85 in nearest term. On the upside, key resistance area remains around 111.91 and need a clear break above that area to continue the bullish scenario testing 112.50/80.

[m.youssif]

EURJPY Forecast
The EURJPY was indecisive on Friday. The bias remains neutral in nearest term but I will pay attention to the rising wedge formation as you can see on my h4 chart below as a break below the wedge could trigger further bearish pressure testing 109.85 in nearest term. On the upside, key resistance area remains around 111.91 and need a clear break above that area to continue the bullish scenario testing 112.50/80.