EUR/JPY Forecast June 28, 2016, Technical Analysis

The EUR/JPY pair fell initially during the day on Monday, but did find a bit of support just below to keep the market somewhat afloat. At this point, it looks as if the market may be trying to stabilize, and that of course is a good sign. However, we have no interest whatsoever in buying this market, or even selling it. This is probably a market that is best left alone at the moment while it tries to figure out what to do next due to the lack of certainty around the world.

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