Wednesday, October 30, 2013

EUR/JPY Daily Outlook

Intraday bias in EUR/JPY remains neutral for the moment. The cross could be in the final stage of a diagonal triangle from 124.95. Hence, while above 135.50 will extend recent rally, we'd expect strong resistance below 139.21 resistance to bring larger reversal eventually. On the downside, below 133.60 will turn



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