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Tuesday, March 6, 2012

EUR/JPY 06.03.2012


/ On : 10:18 AM
The continuous EUR / JPY to move on Fibonacci retracement of 23.60of the last bullish movement (at 107.50).
The indicators are broadly bearish.
We will remain neutral on the parity that the course will be located between 107 and 108.
We advise you to go / not to process more than the positions in the direction of the output of this range of quotations:
- Long if prices recasse 108 upwards. A break upwards of 109 will then offer a new buy signal.
- Short courses if 107 fails. A break of 106 will then offer a new sell signal.
(Stop at 107.50)


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