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December 06, 2018 08:35 GMT
We highlighted yesterday that EURJPY had...>
EURO-YEN
EURO-YEN: We highlighted yesterday that EURJPY had broken below the base of the
symmetrical triangle and that a correction could be underway. (Please see MNI
Analysis email - EURJPY breaks symmetrical triangle support). The downside
target is up trendline support off the August lows, which is coming in today at
Y127.59, a break below here opens a deeper move towards Y126.85 which represents
the 76.4% retracement of Y124.91-133.15. EURJPY last Y128.03.
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