Fri
5
Mar
EUR/JPY's rebound from 119.64 accelerated on Friday and the strong break of 122.60 resistance indicates that a short term bottom is formed with bullish convergence condition in 4 hours MACD. More rise could now be seen towards 125.22 cluster resistance (38.2% retracement of 134.36 to 119.64 at 125.26). But we'd...
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Friday, March 5th, 2010 at 11:56 pm
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