EUR/JPY Forecast October 25, 2016, Technical Analysis

Published: Oct 25, 2016, 04:29 UTC1min read
EUR/JPY daily chart, October 25, 2016
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
Most Popular

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.

Advertisement
Know where Markets is headed? Take advantage now with

Your capital is at risk

Don't miss a thing! Sign up for a daily update delivered to your inbox

Latest Articles

See All