EUR JPY settles positively 11/3/2013
Economies.com
2013-03-11 08:14AM UTC
The pair traded calmly in last Friday to remain in its positivity by settling above the broken channel, we notice a clear decline for Stochastic after hitting the overbought level, which supports the intraday negativity, to keep the trading above the support level 123.40
In general, the trading stability in a level that is higher than the moving average supports the absolute positivity during the near period to reach 127.50
Expected trading range is between 123.40 and 126.00
Expected trend: bullish
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