Saturday, June 21, 2014

EUR/JPY Weekly Outlook

EUR/JPY recovered last week as the consolidation from 137.71 continued. Initial bias remains neutral this week first. Near term outlook stays bearish as long as 140.09 resistance holds. The cross is in the third leg of the pattern from 145.68. Break of 137.71 will target 136.22 support next. On the



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