[m.youssif]

EURJPY Forecast
The EURJPY attempted to push higher on Friday, topped at 108.90 but traded lower earlier today in Asian session, hit 107.92. The bias is bearish in nearest term testing 107.30 and 106.25. Immediate resistance at 108.45 (current high). Break above that area could lead us to neutral zone in nearest term re-testing 108.90, but only a clear break above 109.50 could be a serious threat to the current bearish outlook.

[m.youssif]

EURJPY Forecast
The EURJPY attempted to push higher on Friday, topped at 108.90 but traded lower earlier today in Asian session, hit 107.92. The bias is bearish in nearest term testing 107.30 and 106.25. Immediate resistance at 108.45 (current high). Break above that area could lead us to neutral zone in nearest term re-testing 108.90, but only a clear break above 109.50 could be a serious threat to the current bearish outlook.