fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for EUR/JPY  Tue Mar 19, 2013 9:26 am | |
| Technical Analysis for EUR/JPY The pair moved higher yesterday, to fill most of the gap we have seen on Monday. However, the price is trading at the middle of the trading range among 127.65 high and 118.75 low, and thus at the current levels we prefer to remain on the sidelines, awaiting a clearer signal. Support: 123.30, 122.85, 122.50, 121.60, 121.10 Resistance: 124.00, 124.60, 125.00, 125.70, 126.00 Recommendation Based on the charts and explanations above, we prefer to be neutral.  | |
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