Wednesday, January 21, 2015

EUR/JPY Daily Outlook

Intraday bias in EUR/JPY remains neutral as the consolidation from 134.68 temporary low continues. Near term outlook stays bearish as long as 138.78 minor resistance holds. Below 134.68 will target 134.13 key support level. Decisive break there will carry larger bearish implications. Though, break of 138.78 will indicate short term



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