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EURJPY Outlook 14-18 March, 2016 | March 13, 2016



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Eurjpy has established bullish momentum. After rejection from 122.50 level, this pair has started bullish rally again. So this pair can stay on bullish mode on the next week. So we can look for buy on this pair.

This pair is now on new resistance level at 127 area. If it can be broken then this pair can move more high with target 130 level.

This pair is still on down trend, that's why we can go for sell when we will get any bearish candle on this pair.

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