EURJPY Daily Forecast Mar 13 2015

Outlook in EURJPY remains on the downside as long as 129.46 resistance holds on a daily closing basis , support comes at the 127.50 levels , a halt is likely, but c cut would open 125.00 next ,  further down will target the 122.25 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 133.66 levels before the next possible fall…

In all , as long as 126.46  resistance holds on a daily closing basis , outlook in EURJPY remains on the downside towards the 127.50 levels ahead of the 125.00 levels , above the 129.46 levels ,sees a consolidation below the 133.66 levels before the next fall..

 

EURJPY Daily Forecast Mar 13 2015

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