Thursday, February 10, 2011

EUR/JPY | Technical Analysis | 10 February 2011

EUR/JPY | Technical Analysis | 10 February 2011

EUR/JPY rolled over from its highs today and started falling. This may be an Elliot wave 4 correction of the rise from the 7th Feb. It is currently consolidating but will probably fall again soon to support from the edge of the lower channel line of the rise at around 112.55. Read more