EURJPY is on our watchlist as we are currently seeing the market buying into the safe havens such as JPY and selling the EURO due to the events outlined in our previous EURUSD post.
Looking at this market technically we are at a key support zone, if we see the market push below the zone and close lower we can look for the continued short trades here. If this
market does break lower there is room to the see this market fall to the next support zone of 125.00.
Looking at this market technically we are at a key support zone, if we see the market push below the zone and close lower we can look for the continued short trades here. If this
market does break lower there is room to the see this market fall to the next support zone of 125.00.