Bank of America Merrill Lynch issued a recommendation for the EURJPY currency pair.
The Bank recommends taking a short position on the pair with following levels:
Entry (market): 124.44
Target: 118.00
Stop: 126.00
Bank of America Merrill Lynch recommends taking a short position on EURJPY at market price with a stop at 126.00 and a target of 118.00. Source: xStation5
