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The course continues to grow after managed to beat off the line from the bottom of the channel on the daily time frame MASD shows a buy signal (from the oversold zone) until I bought a small lot, still thinking to buy when the price will break through the 200 moving.
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The RSI is mixed bullish. Long position is preferable at 99.6 with price targets at 100.5 and 100.85. If the price goes to below 99.6 then we can expect downward movement with 99.05 and 98.65 as price targets.
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This pair had managed to fall below the daily pivot, but bounced higher, while touching LWMA100. In my prediction, EURJPY will rise towards the 100.69 level
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Pivot: 99.6
Our preference: Long positions above 99.6 with targets @ 100.5 & 100.85 in extension.
Alternative scenario: Below 99.6 look for further downside with 99.05 & 98.65 as targets.
Comment: the pair is rebounding on its support as the RSI is turning up.
http://cache.mail.yandex.net/mail/49...0126207545.GIF
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The pair is still jammed in sideways, now formed a mini-level of 99.80, from which you can push off in the game to the opposite boundary of the corridor, the more sentiment on the euro more than the north, so that the 100 can go to the top ...
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the eur/ jpy currency pair is still consolidating near the 4/8 level a bit above the daily super trends line if the bears break the line backwards the price will start moving downwards again the target level in this case will be the 0/8 level
http://www11.0zz0.com/2012/06/20/13/483959728.png
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EUR / JPY if it closed today as a candle, which it is now above the Fibonacci levels of 38, it is likely see more of the rise in the coming days
http://hh7.an3m1.com/Sep/an3m1.com_0bd723653d1.png
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EUR/JPY is playing around the range 99.10 and its bias remains neutral. A break below 98.48 could see a downside to 96.10 and 95.64 extended which it already did. On the upside, if the pair manages to break above 95.64, then it could further aim for 99.75 and 103.10 extended.
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EUR / JPY pair finally managed to break through the resistance level of 100.79 and is now trading above this level, and the price is about the maximum daily candle of the day, you should expect a continuation of the north and to the purpose of 101.50. profits.
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Eur and jpy is the code name of the two major currency. Eur means the European currency and jpy means the japanese yen. here eur is the base currency and the jpy is the counter currency. the currency exchange rate may be 1:123.one eur equal 123 japanee yen