Friday, June 20, 2014

EUR/JPY Daily Outlook

The consolidation from 137.71 temporary low is still in progress and intraday bias remains neutral. EUR/JPY should be in the third leg of the pattern from 145.68. Near term outlook stays bearish as long as 140.09 resistance holds. Below 137.71 will target 136.22 support next. On the upside, break of



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