Technical Daily Analysis

$EURJPY- consolidate and go?
Currently we are at 134.02 after the break north of the wedge. We are looking for a short sideways move and then a bullish continuation to the R7 @ 134.84.The average daily true range (ATR) for the pair currently is 118 pips.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.