Updated the:

01/24/2011

EUR/JPY Technical Analysis comments :

Sentiment:sentiment

The pair EUR/JPY just broke the resistance at 112, giving us a new buy signal. All indicators are bullish. We maintain to trade only long positions as far as 111.50 is support. The breakout of the minor resistance at 113 will give a new buy signal. The next resistance is at 114. A pullback on 112 is possible as far as 113 is resistance.

EUR/JPY

EUR/JPY