I continue to remain basically bearish but for the moment still see range trading potentially in the 108.60-109.80-00 range. Once complete we should see losses below 108.06-32 that should extend through 107.53, 107.20 and 106.25-54 to reach the ideal target around 104.40-60. Cautiously I feel that will be the end
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The Daily Forecaster: EURJPY
– June 9, 2010Posted in: Forex Technical Analysis