Monexnews-after the move strengthened in 12 weeks, with the exception of the fall of the Yen at the beginning of December, Japan finally managed to tap into the positive area against the Euro last week, first fading in action buy to enter the weekly resistance at important areas 127.50/70 before experiencing a sharp sell-off action to break through 124.00 area and group.
Price drop from the high has produced a decrease due to the action of selling in his daily movements, exposing the existence of accelerated action to liquidate long-term buy sell action moments also appear, after the target's movement up the weekly to achieved. .
FXstreet.com contributor and founder of FXWW, Sean Lee, also showed bearish signals for the currency pair, who noted: "the retracement Mode EURJPY still has the opportunity to move to 121.00. Support here is near 122.30/50 while the range of resistance is supposed to survive near the high Friday at 125.50/60 ".
(AR)
Car Insurance; Insurance; Health Insurance
Rating: 100% based on 99998 ratings. 5 user reviews.
Author: Unknown
Thank you for your coming
No comments:
Post a Comment