EURJPY Daily Forecast Nov 25 2014

Outlook in EURJPY has turned neutral with risk to the upside , support comes at the 145.66 levels , a failure to hold below the 145.66 levels on a daily closing basis could mean a return to the 148.11 levels where a breach will turn focus on the 150.00 levels , further upside will aim the 151.80/154.00 levels.

On the downside , support comes at the 145.66  levels , losing this level on a daily closing basis will bring a corrective pullback towards the 142.08 levels before the next possible rise ….

In all , as long as support 145.66 holds on a daily closing basis , outlook in EURJPY remains on the upside towards the 148.11 levels where a breach will turn focus on the 150.00 levels . Below 145.662 will bring a corrective pullback towards the 142.08 levels before the next possible rise.

 

EURJPY Daily Forecast Nov 25 2014

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