Today, the EUR/JPY still moving in a ranging situation, maybe the market still waiting the result from mr. Bernanke meeting; this condition is already confirmed too by all the three moving average make a narrow form and the slope its flat too; the ranging level is between the 130.00 to 131.00 level.
RECOMMENDATION:
BUY Stop (Pending Order) at 130.51.
Stop Loss at 130.41.
Take Profit at 130.65.
Alternative :
SELL Stop (Pending Order) at 129.99.
Stop Loss at 130.09.
Take Profit at 129.85.
Best regards,
Official Analyst of InstaForex Group
InstaForex Group
http://instaforex.com
Email: Arief.jakarta@indo.instaforex.com
Yahoo Messenger & Skype : Arief.ifx_jakarta
blog.mt5.com/arief
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