Wednesday, December 05, 2007

EUR/JPY Update

Looking to sell should the 162.40 resistance remains intact. EMA's on the 15M and H1 are about to trigger a bearish cross. Should the price makes a run higher, 163.00-163.20 could be good entry level (sell on rally). For details, check out the pivot points.

Daily Pivots: 159.81, 160.35, 161.24, 161.78, 162.67, 163.21, 164.10

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