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Thursday, February 16, 2012

EUR/JPY 16.02.2012


/ On : 10:15 AM
The EUR / JPY faked resistance bullish break located at 103 yesterday.
The course is back on dips in 102 and is testing support at this level.
Indicators remain generally optimistic.
We maintain to trade only long positions that the course will be located above 102.
A return of more than 103 courses will strengthen our bullishness on parity.
A break upwards of 104 will then offer a new buy signal for a bullish extended to 105 orhigher if this level is also broken.
In case of return of more than 102 sub, then we will wait for one out of 101 points to adviseincoming / not treat more short positions in parity.


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