Friday, February 28, 2014

EUR/JPY Candlesticks and Ichimoku Analysis

Although the single currency slipped yesterday, lack of follow through selling and current rebound from 138.79 suggest near term upside risk remains for rebound to 140.75-80 and possibly test of resistance at 141.27, however, still reckon upside would be limited to 142.05-10 (61.8% Fibonacci retracement of 145.69-136.23) and resistance at



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