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EUR/JPY Classical Technical Report 06.22

EUR/JPY Classical Technical Report 06.22

Joel Kruger, Technical Strategist
Daily_Classical_EURJPY_body_eur.png, EUR/JPY Classical Technical Report 06.22

EUR/JPY:Our core constructive outlook remains well intact as the market continues to show evidence of the formation of a longer-term meaningful base. The most recent break back above 101.00 confirms a fresh higher low by 98.50 and now opens fresh upside over the coming sessions towards 105.00 further up. Ultimately, only back under 98.50 would negate.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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