EURJPY Daily Forecast Sept 11 2014

Outlook in EURJPY  has turned  on the upside as long as support 137.30 holds on a daily closing basis , resistance comes at the 138.80  levels , a halt is likely , but a break would open 139.60 next , further upside will aim the 140.50 levels….

On the downside ,support comes at the 137.30  levels , losing this level on a daily closing basis , will reverse risk towards the 136.60/135.80 levels before the next move…

In all , as long as support 137.30  holds on a daily closing basis , outlook in EURJPY  remains on the upside towards the 138.80  levels and possible higher towards the 139.60  levels , a clear break below the 137.30  levels  will turn outlook neutral towards the 136.60/135.80  levels before the next possible rise…..

 

EURJPY Daily Forecast Sept 11 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS