Updated the:
06/21/2012
EUR/JPY Technical Analysis comments :
Sentiment :
sentiment
100
sentiment
99
sentiment
The pair EUR/JPY has faked yesterday the breakout of 101 and is currently moving just below this level.
Indicators are globaly bullish.
The pair is still moving into its medium term bearish channel (purple lines).
We continue to advise long positons as far as 100 is support.
The breakout of 101 will give a new buy signal and will open the way towards 102.
In case of return below 100, we will wait the breakout of 99 to advise short positions.
Complete sheet of the pair EUR/JPY - Previous EUR/JPY Analysis

Chart of the pair EUR/JPY - Timeframe 4H - Zoom in :

EUR/JPY

Chart of the pair EUR/JPY - Timeframe 4H - Zoom out:

EUR/JPY

EUR/JPY Live Chart - Timeframe : 4h

Chart