EUR/JPY Support Levels Provide Targets For Scalpers
November 20th, 2009 by
The EUR/JPY has been under pressure as risk appetite has faded, sparking a flight to safety and broader yen support. The pair has fallen to major support levels which may slow its decline and offer a period of consolidation. The upcoming Thanksgiving Day holiday could lead to a week of quiet equity markets which may enhance the pair’s attractiveness as a scalping target.
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EUR/JPY Support Levels Provide Targets For Scalpers
Posted in Foreign Exchange |