EUR JPY soars 15/11/2012

Economies.com
2012-11-15 08:35AM UTC

 

The pair achieved strong bullishness yesterday to make the moving average act as a base for the bullishn wave reaching to the breached channel's retest level around 102.80.

 

We expect breaching the channel to achieve new positivity during the near period reaching 103.50 followed by 104.50.

 

Stochastic supports the bullish bias by forming a bullish wave reaching to 80 level.

 

Expected trading range for today is between: 102.30 and 104.50

 

Expected trend for today: Bullish

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