Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY) |
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EURJPY EURJPY closed @ 13430 which was unchanged. Today is the first trading day after the US Holiday and the Non Farm Payroll on last Thursday. The Hourly Oscillators are bearish and price is below the MA, so the bulls have to be Sidelined. Hourly Trend is Sideways Down and Daily Trend is also Sideways Down, so expect the price to make lower lows while 13465 level holds. The patterns are noisy but pointing lower while 13465 level holds, so any pull back higher will be
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