EUR JPY is negative 20/3/2013
Economies.com
2013-03-20 08:02AM UTC
The pair was negative yesterday touching 121.85 level, to continue trading negatively as long as the price is stable below the moving average which acts as an obstacle against the price rise.
We keep our negative overview on the near and medium term to reach 121.20 then 120.30 as long as the main resistance 125.70 remained intact, supported by stochastic that settles around 20
Expected trading range is between 123.50 and 120.20
Expected trend for today: Bearish
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