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Tuesday, 19 June 2012

2012.06.19 12:04:43 EUR/JPY intraday: under pressure.

EUR/JPY intraday: under pressure.

Update on supports and resistances.
Pivot: 100

Our preference: Short positions below 100 with targets @ 99 & 98.5 in extension.

Alternative scenario: Above 100 look for further upside with 100.35 &
100.85 as targets.

Comment: the pair is posting a rebound but stands below its resistance.

Key levels
100.85
100.35
100
99.583 last
99
98.5
98.2
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