USD/JPY And EUR/JPY Spot Daily Forecast: 10 October 2019

USD/JPY And EUR/JPY Spot Daily Forecast: 10 October 2019

USD/JPY holding minor support at 106.95/107.05 allows a recovery back to a selling opportunity at 107.55/65 with stops above 107.80. A break higher targets 108.10/20 with resistance at 108.35/45.

Back below 106.90 targets 106.65/60 with minor support at 106.50/45 but below here targets better support at 106.00/105.90.

EUR/JPY trading sideways and holding first support at 117.60/50 re-targets 117.75 and 118.10/20. Expect resistance at 118.40/50.

A break below 117.40 targets very minor support at 117.10/00 and below here look for 116.60/50. Below 116.35 risks a retest of the 115.95/85 September low.

USD/JPY And EUR/JPY Spot Daily Forecast: 10 October 2019

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