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proacttraders's Commentaries

Sep 3 2010

EURJPY

by proacttraders
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We are in still in a channel to the upside but coming down hard. EJ will have to tell us at the bottom of the channel what it wants to do.  Remember this is Friday so a good chance to just square up and leave it for the weekend.  A bounce at this level would target the return to the 109.05 area.A break here targets the 107.86-107.57 area.

EURJPY-tod.jpg



Tags: eurjpy | currency-market-updates | currencies
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