EUR JPY with positive bias 21/11/2012

Economies.com
2012-11-21 08:15AM UTC

 

The pair remains stable within the bullish channel again, we witnessed breaching 104.60 to keep the bullish bias effecting since morning.

 

We are waiting for the second announced target around 105.50 during the near period supported by stability above the bullish channel resistance level above 103.60 for today.

 

Stochastic is settled inside the overbought level which supports the bullish bias.

 

 

Expected trading range for today is between: 103.60 and 105.50

 

Expected trend for today: Bullish

 

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