EURJPY Daily Forecast Aug 29 2014

Outlook in EURJPY remains on the downside as long as as resistance 137.21  holds on a daily closing basis , support comes at the 135.98  levels , a halt is likely , but losing this level would open 135.45  next , further losses will pave the way towards 134.80  levels…

On the upside , resistance comes at the 137.21  levels , break of the 137.21  levels on a daily closing basis will turn outlook neutral towards the  138.00  levels before the next fall…above 138.00 will bring strong bullish move  towards the 139.27 levels…

In all , as long as resistance 137.21  holds on a daily closing basis , outlook in EURJPY  remains on the downside towards 135.98/135.45 levels , above the 137.21  will recapture the 138.00  levels before the next fall…

 

EURJPY Daily Forecast Aug 29 2014

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