USDJPY/EURJPY Chart Recap & Daily Forecast with Chart from Jason Sen – Day Trade Ideas

 

EURJPY broke February & March lows at 124.26/124.14 to hit 500 week moving average support at 123.90 & bottom 9 pips below at 123.81.

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About the author

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.