EUR/JPY: Attention on the 115.87 September low – Commerzbank
EUR/JPY’s outlook remains negative while capped by the downtrend, which lies at 120.30, in the opinion of Karen Jones from Commerzbank.
“Our attention is currently on the 115.87 September low. A close below 115.87 will introduce scope to the 109.30 June 2016 low.”
“The downtrend guards the 121.50 resistance.”