Sunday, November 04, 2007

EUR/JPY Quick Update..

Current level is at 166.60, trading above the daily pivot point level of 165.85 and targeting first resistance at 166.77. Some more consolidation could still be seen initially this week, further upside is in favor for a retest of 167.72 and then 168.93 key resistance..(methinks)


EJ (Daily Pivots) 162.18, 163.55, 164.47, 165.85, 166.77, 168.14, 169.06
Good for swing trading.
EJ (4H Pivots) 164.61, 165.21, 165.93, 166.53, 167.24, 167.84, 168.56
Good for intraday trading.

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