FXWW News/JPY crosses/Technical Analysis/Trade Ideas

EUR/JPY: Prefer to play it from the short side intraday

The EUR crosses, like EUR/GBP and EUR/NZD, look quite bearish to me but we don’t often get much value during Asia by trading these pairs. Best to play the bearish EUR card through EUR/JPY during Asian trade, and I’d suggest a 127.00/128.50 range with a definite bearish bias (see chart).

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