Friday, March 30, 2012

Eur/Jpy

Eur/Jpy is actually very bullish after a lackluster performance during the European session earlier in the day.We had spotted a reversal potential pin bar yesterday as per the last post which has given us so far some good pips after it reversed all the way to the 109.00 level.Chances are that it might get to the top of the range formed between the 111.30 area and the 108.60's area.I closed out the position since we do not know what next week will bring.


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