EURJPY Forecast
The EURJPY had a bearish momentum yesterday and now struggling around 110.30 support area. The bias is bearish in nearest term especially if price able to stay consistently below 110.30 testing 109.50 – 109.00 area. Immediate resistance at 110.68 (current high). Break above that area could trigger further bullish momentum testing 111.91 and keep us in boring range condition.
The EURJPY had a bearish momentum yesterday and now struggling around 110.30 support area. The bias is bearish in nearest term especially if price able to stay consistently below 110.30 testing 109.50 – 109.00 area. Immediate resistance at 110.68 (current high). Break above that area could trigger further bullish momentum testing 111.91 and keep us in boring range condition.