eFX-Plus Major Bank Credit Suisse

Posted on

Credit Suisse

Currency Pair EUR/JPY
Short from 117.10
Target 115.00
Stop/Loss 117.95
Floating (pips) +8
Mkt Price (10:07:03 AM) 117.02

Technical – Short-Term — [Open]

Rationale

CS notes that EURJPY has found a temporary floor at the 61.8% retracement support at 115.11, and above here can see a move to 116.88, with 117.04/19 now ideally capping to keep the risks lower.
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