EURJPY Daily Forecast Mar 03 2015

Outlook in EURJPY remains on the downside as long as 135.36 resistance holds on a daily closing basis , support comes at the 133.70 levels , a halt is likely, but c cut would open 132.55 next ,  further down will target the 130.13 levels.

On the upside , resistance comes at the 135.36 levels (main) , sustained breakout above the 135.36 levels will turn outlook neutral and bring rebound towards the 137.63 levels before the next possible fall…

In all , as long as 135.36 resistance holds on a daily closing basis , outlook in EURJPY remains on the downside towards the 132.55 levels ahead of the 130.00 levels , above the 135.36 levels , It faces a recovery risk towards  the 137.63  levels before the next fall..

 

EURJPY Daily Forecast Mar 03 2015

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