EUR/JPY - 149.72
TRADING IN UPPER TREND CHANNEL
This pair is still trading in Uppertrend Channel. Its trying to close above the 150 level which it couldnt do it since reaching the 150.70 levels in late August. So for this pair 150 is the very significant level to digest. Still theres no danger of breaking the trendline as of now. This rall ywill sustain as long as it stays above 148.23 levels.
TRADING IN UPPER TREND CHANNEL
This pair is still trading in Uppertrend Channel. Its trying to close above the 150 level which it couldnt do it since reaching the 150.70 levels in late August. So for this pair 150 is the very significant level to digest. Still theres no danger of breaking the trendline as of now. This rall ywill sustain as long as it stays above 148.23 levels.
posted by Naveen Pantera at 8:26 PM
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