Updated the:
11/19/2012
EUR/JPY : rebound programmed by the fundamental

Sentiment :
sentiment sur la parité EUR/CHF
103
sentiment sur la parité EUR/CHF
102.50
sentiment sur la parité EUR/CHF

--- Follow up analysis ---
The pair EUR/JPY has failed to get over the resistance at 104 last week after a validation of the breakout of the bearish slant (brown lines). The price made a pullback on this slant and is currently testing again 104.

We continue to advise long positions as far as 103 is support. The breakout of 104 will give a new buy signal. A new bullish wave will be then expect towards 104.50 and 105 in extension.

In case of return below 103, we will be neutral between this level and 102.50.
 
 
 

Analysis published by Vincent, the 11/19/2012 at 10h00

Full analysis



Chart of the pair EUR/JPY - Timeframe 1H
EUR/JPY Technical Analysis
 
Chart of the pair EUR/JPY - Timeframe 4H
EUR/JPY Technical Analysis




 

EUR/JPY Live Chart - Timeframe : 4h
Chart EUR/JPY BID

 

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