EURJPY update, downside target 130.25

January 1, 2016

EURJPY, Daily

The short term technical view for the EURJPY supports short positions for a target near the 130.25 area. Stochastic analysis is bearish; price is trading below the downward sloping trend line, moving average analysis is bearish.

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John Knobel 

Senior Currency Strategist

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