EUR/JPY Forecast November 4, 2016, Technical Analysis

The EUR/JPY pair fell slightly during the course of the session on Thursday, as we continue to go back and forth in the larger consolidation area. Because of this, I feel that the market will probably continue lower but we also have the jobs ever which can throw a bit of a monkey wrench into all of the currency markets out there. At this point in time though, I have to admit that the sellers seem to have the upper hand, at least for the next handle or 2. Because of this, I may just simply stand on the sidelines. - 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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