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EURJPY Weekly Technical Outlook 8-12 February, 2016 | February 6, 2016



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Eurjpy is near to its support level at 130 area. On that area, this pair will face some support. On that area, we can see 200 ema. So this ema will give some support also on this pair. So above this ema, we need to stay on bullish mode on eurjpy.


This pair is following a downward trend line which can be indication for bearish momentum on this pair. If it can break 130 level, then this pair can fall more and target will be 128 level.


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