EUR JPY is sideways 14/3/2013

Economies.com
2013-03-14 08:12AM UTC

The pair remains in its sideways trading within the price triangle as we explained in our previous report to notice the stability of the trading above the moving average 55 and below the resistance level 126.20

 

The pair still limited between the mentioned levels until surpassing one of them and achieving new levels in the upcoming period, therefore we recommend the neutrality for today until getting clearer vision.

 

Expected trading range is between 123.40 and 126.20

 

Expected trend: neutral.

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