Sunday, May 4, 2014

Daily Forex Update: EUR/JPY

EUR/JPY recently broke the daily Pennant chart pattern. The pair is expected to rise to the target level 143.44 in the next 3 trading days. Autochartist set the stop-level for this forecast at 140.98. The breakout of this Pennant follows the predominant uptrend that can be seen on the daily



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