Tuesday, December 31, 2013

EUR/JPY Daily Outlook

With 143.53 minor support intact, intraday bias in EUR/JPY remains mildly on the upside. Current rally is expected to extend to long term fibonacci level at 152.59. On the downside, below 143.53 minor support will turn bias neutral and bring consolidations. But retreat should be contained by 140.97/142.82 support zone



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