Monday, July 28, 2014

EUR/JPY Daily Outlook

EUR/JPY continues to stay in consolidation above 136.36 and intraday bias remains neutral. As long as 137.71 resistance holds, deeper decline is still expected in the cross. It's now in the third leg of the pattern from 145.68 and should target 136.22 support. However, break of 137.71 resistance would be



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