[m.youssif]

EURJPY Forecast

The EURJPY didn’t make significant movement yesterday. The bias is neutral in nearest term but still within the context of a bearish scenario of the rising wedge especially if price able to break below 111.00 targeting 110.50 – 109.85. On the upside, break above 111.91 could be a threat to the rising wedge bearish scenario.

[m.youssif]

EURJPY Forecast

The EURJPY didn’t make significant movement yesterday. The bias is neutral in nearest term but still within the context of a bearish scenario of the rising wedge especially if price able to break below 111.00 targeting 110.50 – 109.85. On the upside, break above 111.91 could be a threat to the rising wedge bearish scenario.