EUR/JPY Mid-Day Outlook

March 4, 2009 by  
Filed under Daily Alerts

EUR/JPY’s break of 124.7 minor resistance confirms that retreat from 126.06 has completed at 121.72. Intraday bias is flipped back to the upside for 126.06 first. Break will confirm that recent rebound from 112.10 has resumed and should target 131.03 resistance next. On the downside, though, below 121.72

will be…
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