EUR/JPY : Medium term bullish slant
--- Follow up analysis ---
The pair EUR/JPY continues to move on its medium term bullish slant (blue line). The breakouts of 101 and 101.50 both gave is a new buy signal.
We continue to advise long positions as far as 101 is support. The breakout of 102 will give a new buy signal and should open the way towards 103.
In case of return below 101, we will then advise to trade only short positions.
Analysis published by Vincent, the 10/04/2012 at 10h30 GMT+2
Chart of the pair EUR/JPY - Timeframe 1H
Chart of the pair EUR/JPY - Timeframe 4H
|EUR/JPY Live Chart - Timeframe : 4h|
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