EUR/JPY Weekly Outlook

 12.01.2008 14:14   actionforex.com

EUR/JPY's consolidation from 159.73 continued last week, crawling higher to 162.27 before giving back some gains on Friday. From a short term angle, intraday outlook is turned neutral for the moment. Recovery from 159.73 is tentatively treated as completed at 162.27. Break of 160.56 minor support will add more credence...

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