A look at USDJPY & EURJPY. Today’s Recap & Daily Forecast Chart from Jason Sen – Day Trade Ideas

 

EURJPY: Failure to beat resistance at 128.90/129.00 re-targets 128.60/50 (we bottomed 5 pips below yesterday) & support at 128.00/127.90. Below 127.70 look for 127.55/50 & 127.25/20.

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JASON SEN Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.