EUR/JPY Technical Analysis
The EUR/JPY pair had a very volatile session on Tuesday, but essentially did nothing by the time it was all said and done. Because of this, we feel that this market probably continues to be a bit volatile for most traders, and quite frankly would not blame you at all for staying out of the market. Ultimately, we believe that this market will find plenty of support near the 134 level, so a pullback could be used to start buying again. On the other hand though, there are easier ways to play the Euro.