EUR/JPY
Still can not say that the wave bearish financial markets is over, what can be clearly seen on the euro-yen Japanese pair , which reached its most extreme levels of support - that define the last point that can be characterized a technical correction.
Thus, at current price levels, so close to the point of no return, it is convenient to consider taking long positions being the low price and attractive for long-term purchase. For the great proximity to the escape point of 108.80, the hidden risk this time is significantly small in relation to the likelihood of upside potential to the resistance level of 114.80 medium term.
