EUR/JPY Forecast June 21, 2016, Technical Analysis

The EUR/JPY pair initially tried to rally during the day on Monday, but fell significantly as the market continues to see quite a bit of bearish pressure. Remember, the EUR/JPY pair is very sensitive to risk appetite. Ultimately, the market will have quite a bit of support just below though, so at this point in time you have to expect that the market will be volatile, but with a very negative connotation to it. It’s not until we get above the 120 level that I am willing to buy this pair. In the meantime, short-term rallies will continue to be short-term selling opportunities. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the