EUR/JPY analysis of the week (4h candlesticks)

By ForexTribe
17 March 2010 @ 06:41 am EDT

The parity EUR/JPY is currently testing the resistance at 125. As far as this level is resistance, we stay neutral on the parity. However, a break out of this level will give a buy signal and we will then advise to trade only long positions as far as the price is above 124.



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