Monday, February 7, 2011

EUR/JPY | Technical Analysis | 7 February 2011

EUR/JPY | Technical Analysis | 7 February 2011

EUR/JPY has rolled over after rallying up to the 112s this morning. The question is whether this could be the beginning of a new wave down or not. There is insufficient evidence to suggest this may be so although a fall to the old trend-line down from the November ‘10 highs at roughly 111.00 is probable. Read more