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

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

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.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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