1. Hello Guest Click here to check FX Binary Point Financial Directory

EUR/JPY Bounces But Still Carries Significant Downside Risk

Discussion in 'Technical Analysis' started by Kaitlin, Jan 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    EUR/JPY bounced modestly on Thursday afternoon as global equity markets took a breather and rebounded off their recent lows. This alleviated some pressure from EUR/JPY as the safe haven yen eased off its latest highs. Despite Thursday's rise for EUR/JPY, the currency pair continues to trade within a tight consolidation[​IMG]

    Continue reading...

Share This Page