EUR JPY is positive 21/1/2013
Economies.com
2013-01-21 07:56AM UTC
The pair settled recently positively to accomplish 120.60; we notice the stability currently around 119.20 to keep the price positive if 118.00 hold as an initial support and 116.50 as a main support.
We continue in our bullish overview to achieve 121.80 during the near and medium period and there is a potential fluctuation above 118.00, supporting us the reflection of Stochastic wave at 80 level.
Expected trading range is between 118.00 and 121.80
Expected trend: bullish
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