EUR JPY soars 28/12/2012
Economies.com
2012-12-28 07:45AM UTC
The pair succeeded to achieve the expected level in yesterday’s trading to reach 114.40 and by holding around this level.
We are continuing in our bullish expectations if the support level settled at 112.00 which formed an obstacle against moving higher during the recent period to reach 116.20 followed by 117.90, taking into consideration some fluctuation due to Stochastic entering the overbought level.
Expected trading range is between: 113.10 and 116.20
Expected trend for today: Bullish
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