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EURJPY - FUNDAMENTAL AND TECHNICAL VIEW

Euro / Japanese Yen (FX:EURJPY)  
benny_marshall  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Wave Analysis Fundamental Analysis EURJPY eurjpyforecast eurjpyfundamentals eurjpytechnicalanlaysis eurjpysignal eurjpyanalysis eurjpytrade eurjpyprediction eurjpyelliottwave
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trendanalysis waveanalysis fundamental eurjpy eurjpyforecast eurjpyfundamentals eurjpytechnicalanlaysis eurjpysignal eurjpyanalysis eurjpytrade eurjpyprediction eurjpyelliottwave
#EURJPY -

- EURJPY has a short-term UPSIDE BIAS at the moment. Maybe it can reach 139.202 LEVEL. 139.202 is a very good RESISTANCE limit.

- Some NEWS coming for the USD will help weaken the EURO. Here the price can be pulled down one more time by RESPECTING the EURJPY TRENDLINE very well. It may come down to 135.116 LEVEL.

- Somehow the price moves to the area I mentioned and its trend line
If the BREAK is done, the EURJPY price can definitely be BUY if the DOWNSIDE CHANNEL is BREAKED. For that, EURO STRONG and MARKET RISK must be ON.
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