Today, EUR/JPY is still in the downside situation; it was indicated by that all the three moving averages have still formed the "Death Cross Pattern" but now this currency is held by the EMA 34 as its dynamic resistance.

RECOMMENDATION:

SELL Stop (Pending Order) at 128.49.

Stop Loss at 128.59.

Take Profit at 128.35.

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group

InstaForex Companies Group

http://instaforex.com

Email : [email protected]

Yahoo Messenger & Skype : Arief.ifx_jakarta

blog.mt5.com/arief

http://www.mt5.com/forex_analysis_award/profile/index/arief

Disclaimer :

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