Barclays are looking to sell EUR/JPY:
- Says near-term corrective upticks an opportunity to sell at better levels
- Says the former range lows in 134.15 area are expected to provide selling interest
- Move below recent range lows near 126.90 would confirm further weakness toward initial targets in 125.00/35 area
- Forecasts for EUR/JPY is at 119 at end-4Q 2015
Via Barclays, note dated March 29
Some bigger picture stuff from Barclays there ....
EUR/JPY currenlt around 129.69
