Friday, January 2, 2015

EUR/JPY Daily Outlook

The correction from 149.76 is still in progress and might extend 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 147.21 minor resistance will turn bias back to the upside. But



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