EUR required any stable direction versus JPY in FX market
10/25/2017 5:17:00 AM
The EURJPY cross required any stable directional bias and fluctuated between tepid gains/minor losses around the 134.05 handle.
Momentum beyond the 134.05 handle is probable to provoke persistence near the 134.33-45 area, above which the cross could aim towards reclaiming the key 135.03 psychological mark.
On the weakness, 133.73-62 zone is probable to act as immediate support, which if broken could speed up the slide towards the 133.03 handle and 132.82 horizontal support.
FOREX market analysis by FxErvin.