EUR/JPY Technical Analysis (Euro / Yen)

I advise traders to trade the pair outside the range of quotes 117/119:

- Only long positions above 119 points. A break of 120 points will provide a new buy signal.

- Only short positions below 117 points. A break of 116 points will offer a new sell signal.

NB: traders whose trading strategy is more aggressive could trade the pair according to the key level at 118:
- Only long positions above 118 points.
- Only short positions below 118 points.

Full analysis
Analysis published by Vincent, the 01/24/2013 at 16h00 GMT+2