FX.co - EUR/JPY Bearish Outlook, April 07, 2011 (Daily Strategy)

Forex Analysis:::2011-04-07T12:39:26

EUR/JPY Bearish Outlook, April 07, 2011 (Daily Strategy)

EUR/JPY

In the last hours, the EUR / JPY has lost around 100 pips, showing signs of a possible correction, or change in trend.A daily close below the first monthly resistance confirms our bearish outlook.

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FX.co ★ EUR/JPY Bearish Outlook, April 07, 2011 (Daily Strategy)

EUR/JPY Bearish Outlook, April 07, 2011 (Daily Strategy)