January 14, 2011 10:26 AM GMT
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Updated the: 01/14/2011 |
EUR/JPY Technical Analysis comments : |
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Sentiment:
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The pair EUR/JPY validated a return above 109 and then broke the next resistances at 109.50 and 110 (offering new buy signals). The pair is currently testing 110.50. All indicators are bulllish. We maintain to trade only long positions as far as the price is above 110. The breakout of 110.50 will give a new buy signal. The next resistance is at 111. |
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