EUR/JPY

The break of 103.28 confirms resumption of rebound from 97.03. Intraday bias is back on the upside and current rise should target 100% projection of 97.03 to 102.20 from 99.24 at 105.49. At this point, rebound from 97.03 is viewed as a correction only. Below 101.81 minor support will argue that such corrective rise is finished and flip intraday bias back to the downside. Further break of 99.24 will confirm and should send EUR/JPY through 97.03 low
.

Advertisements

One Comment to “EUR/JPY”

  1. Hello there, just became alert to your blog through Google, and found that it is really informative. I’m going to watch out for brussels. I will appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: