EUR/JPY Analysis


Let’s take a look at the EUR/JPY.

Although it does seem like the long term downtrend is still in overall control, look for the pair to potentially move up to test the 105.00 area and above.

We saw the trend line act as resistance for some time now but now it looks like it may start to act as support for the shorter term.

Good luck with trading and be sure to use your money management.