[m.youssif]

EURJPY Forecast
The EURJPY had a bearish momentum yesterday, bottomed at 108.10 and closed at 108.26. The bias is bearish in nearest term testing 107.30 before targeting 106.25 support area. Immediate resistance at 109.00 and the trend line resistance (around 109.50). A clear break above the trend line resistance could be a threat to the bearish scenario and potential bullish reversal scenario.

[m.youssif]

EURJPY Forecast
The EURJPY had a bearish momentum yesterday, bottomed at 108.10 and closed at 108.26. The bias is bearish in nearest term testing 107.30 before targeting 106.25 support area. Immediate resistance at 109.00 and the trend line resistance (around 109.50). A clear break above the trend line resistance could be a threat to the bearish scenario and potential bullish reversal scenario.