EUR/JPY Forecast October 25, 2016, Technical Analysis

The EUR/JPY pair initially fell during the day on Monday but turned around to show signs of strength. As we are close to the bottom of the consolidation area that the market has been bouncing around, this is not a huge surprise. With this, a break above the top the candle could cause a bit of a grind to the upside, but at this point in time I find this as a difficult market to deal with unless you are willing to deal with quite a bit of volatility. With this, I’m not bothered. - 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.

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