[m.youssif]

EURJPY Forecast
The EURJPY was unable to maintain its bullish momentum yesterday and now traded below 119.30 support area after unable to make a break above 120.38. The bias is bearish in nearest term testing 118.00. On the upside, another move above 119.30 would lead us to neutral zone in nearest term and only a clear break above 120.38 would change the intraday bias to bullish testing 121.40. Today some markets are closed on Good Friday.

[m.youssif]

EURJPY Forecast
The EURJPY was unable to maintain its bullish momentum yesterday and now traded below 119.30 support area after unable to make a break above 120.38. The bias is bearish in nearest term testing 118.00. On the upside, another move above 119.30 would lead us to neutral zone in nearest term and only a clear break above 120.38 would change the intraday bias to bullish testing 121.40. Today some markets are closed on Good Friday.