https://fxww.com/eurjpy-looking-at-a-114-10117-10-trading-range-in-coming-sessions/ The Professional Source Mon, 07 Jan 2013 23:17:53 +0000 hourly 1 https://fxww.com/eurjpy-looking-at-a-114-10117-10-trading-range-in-coming-sessions/#comment-13928 Mon, 07 Jan 2013 23:17:53 +0000 http://fxww.dreamhosters.com/?p=4209#comment-13928 Hard to call the top, price currently right on the 200 week sma, the bulls may be wanting a close above that and possibly the bigger retracement will come after.

]]> https://fxww.com/eurjpy-looking-at-a-114-10117-10-trading-range-in-coming-sessions/#comment-13927 Mon, 07 Jan 2013 23:12:43 +0000 http://fxww.dreamhosters.com/?p=4209#comment-13927 Looks like you’re right on this one Tony, perhaps the market is getting close to saturation point on the short-JPY trade??

]]> https://fxww.com/eurjpy-looking-at-a-114-10117-10-trading-range-in-coming-sessions/#comment-13926 Mon, 07 Jan 2013 23:03:56 +0000 http://fxww.dreamhosters.com/?p=4209#comment-13926 Hi Sean,
I felt whoever missed out on the selling this pair last night may come back in tonight on the asian open for some more profit taking at a similar level, in at 115.13 with 20 pip risk, now at b/e. Whoever wins the battle of the 100 sma on H1 and round number 115 will determine the outcome again. The bounce in Europe seemed likely since the atr for the day had been reached already in asian trading.

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