EUR/JPY Weekly Outlook 13 -17December 2010

Forex Trading EUR/JPY Weekly Outlook 13 -17December 2010 EUR/JPY Weekly Outlook EUR/JPY's recovery from 108.38 continued last week and edged higher to 111.63. But after all, upside is still limited below 111.90 resistance and hence, the bearish outlook remains unchanged. That is, rebound from 105.42 should have completed at 115.65 already. Below 109.56 will flip intraday bias back to the