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Trend of the Day - EUR/JPY
Friday, 19 June 2009 12:00:17 GMT
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EUR/JPY formed a Morning star at the 132.00 region and has broken from 3 days of sideways congestion.
EUR/JPY formed a Morning star at the 132.00 region and has broken from 3 days of sideways congestion. Look for a possible retest of the June 12th high of 138.28. Stops placed below 132.38 should control risk. Risk appetite and the carry trade seems to be the theme for this month.
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