EUR/JPY Forecast September 12, 2012, Technical Analysis

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By FX Empire Analyst - Christopher Lewis
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The EUR/JPY pair had a fairly neutral session as it hovers around the 100 handle on Tuesday. The market looks fairly benign at this point time, which is odd considering the Euro did so well against almost everything else. This suggests that there is Japanese yen strength as opposed to any type of failure on the count of the Euro. With this in mind, it makes more sense to avoid this market than get involved as there are so many other ways to play the Euro right now. Of particular interest is against the US dollar, which seems to be taking a beating from all directions.

EUR/JPY Forecast September 12, 2012, Technical Analysis

EUR/JPY Forecast September 12, 2012, Technical Analysis

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