EURJPY Technical Update – Week Of 18th February 2013

The euro gained 1% versus the Japanese yen on Friday after the corrective move to prior EURJPY support around 123.00 met with fresh demand. Fridays low came in around 122.88, an area with technical elements aligned including a price pivot (see the h4 chart below) and ascending trend line. …

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EURJPY Technical Update – Week Of 18th February 2013