[m.youssif]

EURJPY Forecast
The EURJPY didn’t make significant movement yesterday. The bias is neutral in nearest term with potential range between 108.33 – 107.30 but overall we are still in major bearish outlook. Break above 108.33 could trigger further upside consolidation testing 108.85 – 109.50 resistance area. On the other hand, break below 107.30 could trigger further bearish continuation targeting 106.25.

[m.youssif]

EURJPY Forecast
The EURJPY didn’t make significant movement yesterday. The bias is neutral in nearest term with potential range between 108.33 – 107.30 but overall we are still in major bearish outlook. Break above 108.33 could trigger further upside consolidation testing 108.85 – 109.50 resistance area. On the other hand, break below 107.30 could trigger further bearish continuation targeting 106.25.