EURJPY - signals continue to point lower
​This week's signals for EURJPY have continued to point lower and these are so far being confirmed, investors selling the market on Monday to post a loss of almost 0.75 Big Fig. while this is negative prices are testing the 5 week low at 122.56, a level which has attracted buyers in each of the last 2 weeks. Despite this signals for Tuesday continue to point lower and the call is to sell on the open and then at 123.48, this week's opening trade with a stop loss at 124.11, the 13 day average rate. Targets are to 122.63/78, last week and yesterday's lows, 121.88, the 2nd May base and 121.28, May's low trade.
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