Wizard

EURJPY current bias of the month

FX:EURJPY   Euro / Iene Japonês
2
Both the EUR and JPY are weak therefore this isn't the most certain pair and these analysis are likely to be less accurate than for example EURUSD. If EURJPY rallied up the first arrow I would look to sell, based on technicians. Fundamentally both currencies are rather weak and both have a QE program thus technical analysis and coloration will be the key to forecasting forward prices. (Things can change in a month)
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