EUR/JPY Forecast November 24, 2016, Technical Analysis

The EUR/JPY pair initially fell on Wednesday but found enough support just below to turn things around as the 118 level now looks to be somewhat supportive. This is a market that of course is a little bit extended so I would anticipate that we should get some type of pull back soon. With this, I think that you have to look at it as value, and take advantage of it as such. I have no interest in selling this market, as I believe it is significantly supported all the way down to at least the 116 handle. - 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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