Credit Suisse: bearish on EUR/JPY
Strategists at Credit Suisse maintain their bearish view on EUR/JPY. The pair is now trying to hold above the 137.65 support. Decisive break below 137.74 would signify formation of a top. Analysts recommend going short on the pair with an initial target of 136.74 and a stop at 139.50. The next support will be seen at 136.32.
Chart. Daily EUR/JPY