Wed, Nov 4 2009, 05:46 GMT
by Anthony Samaha
(04 November Europe) Latest Impact: Yen Crosses bearish move might be arrested!
The rollercoaster yen crosses moves since the opening of the week indicates that some major trends are on the way to be built. The price action washed up the bears and the bulls in a rapid manner and now EURJPY is preparing an assault towards 135+. A close above 13367 allows an entry level to be launched, and if triggered, an exodus should be abided by if a close below 13285 emerged again.
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Published on Wed, Nov 4 2009, 05:46 GMT
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