Sunday, October 13, 2013

EUR/JPY Daily Outlook

With 132.44 minor support intact, further rally is expected in EUR/JPY. Current development suggest that choppy rise from 124.95 isn't completed yet. EUR/JPY may now target 134.94 and possibly above. However, we're continue to expect strong resistance below 139.21 to limit upside and bring larger reversal eventually. On the downside,



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