Thursday, December 18, 2014

EUR/JPY Daily Outlook

With 148.23 minor resistance intact, the corrections from 149.76 short term top is expected to continue lower. At this point, we'd expect strong support from 142.08, 50% retracement of 134.13 to 149.76 at 141.94, to contain downside and bring rebound. On the upside, above 148.23 minor resistance will turn bias



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