[m.youssif]

EURJPY Forecast
The EURJPY didn’t make significant movement yesterday. The bias is neutral in nearest term. A rising wedge formation usually give more accurate prediction when appear after a bullish running but whatever the condition, it is still a bearish pattern especially if price break below the wedge targeting 109.85. On the upside, 112.80 remains the nearest bullish target. I will keep stand aside for now.

[m.youssif]

EURJPY Forecast
The EURJPY didn’t make significant movement yesterday. The bias is neutral in nearest term. A rising wedge formation usually give more accurate prediction when appear after a bullish running but whatever the condition, it is still a bearish pattern especially if price break below the wedge targeting 109.85. On the upside, 112.80 remains the nearest bullish target. I will keep stand aside for now.