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EURJPY Falters, Backs Off Ahead Of The 137.04/44 Area

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EURJPY: The cross may remain biased to the upside following its recent strength but it was seen backing off ahead of its key overhead resistance zone at the at 137.44/04 region during the Monday trading session. If this price action continues it could see EURJPY targeting further downside pressure towards its psycho level at 136.00 level. Below here will turn attention to the 135.50 level where a break will aim at the 135.o0 level. A turn below here will target the 134.50 level with a breach

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