Forex | Forex | Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY) (04/09/2009 06:22:50)

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

EURJPY   EURJPY closed @ 13205 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1.  The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 13105 holds and Daily Trend is Sideways Down while 13620 holds, so expect the price  to be Choppy until the breakout happens. 


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