Comments on: EUR/JPY still needs to comprehensively break above technical resistance https://fxww.com/eurjpy-still-needs-to-comprehensively-break-above-technical-resistance/ The Professional Source Wed, 21 Nov 2012 09:53:59 +0000 hourly 1 By: zenfxtrader https://fxww.com/eurjpy-still-needs-to-comprehensively-break-above-technical-resistance/#comment-7688 Wed, 21 Nov 2012 09:53:59 +0000 http://fxww.dreamhosters.com/?p=2978#comment-7688 EURJPY has met your condition – broken 104.80 decisively. Expect some retracement over the next 2 days due to the US holiday weekend. That should provide a good entry to go long this pair. If it doesn’t re-trace by the end of this week, it is an even more bullish sign. The medium term target for this pair is 108.8 from the weak inverse H&S on the daily charts.

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