EUR/JPY Weekly Outlook 6 -10 December 2010

Forex Trading EUR/JPY Weekly Outlook 6 -10 December 2010 EUR/JPY Weekly Outlook EURJPY dropped to as low as 108.38 last week but recovered strongly since then. Nevertheless, upside is still limited below 111.90 resistance and thus, the bearish outlook remains unchanged. That is rebound from 105.42 should have completed at 115.65 already. Below 108.38 will target a test on 105.42 next.