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Euro At A Discount Against Yen, Suggests Automated Trading Signal
Thursday, 06 November 2008 23:53:18 GMT  |  Luis Gil, DailyFX.com
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Our Forex Automated Trading Signals have picked up the Euro against the Japanese Yen using the Range1 system. This long-term trade may be considered to be at a discount as it is currently in the red to the tune of 59 pips. A word of caution is in order as the signal appears to suggest a counter trend strategy here.

11-06-08 eurjpy

See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.

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