The daily time-frame shows that EUR/JPY in a downtrend in 2010. The market has been in sideways action for the last month. The momentum has stalled, but bottom action and RSI readings are developing a negative reversal. The most aggressive swing projection goes to 100.60, near the 2001 low in
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EUR/JPY: Is the Correction Rally Over?
– June 22, 2010Posted in: Forex Technical Analysis