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EURJPY






8/22/2014 4:46:27 AM

EURJPY - Technical Analysis: Friday, 22/08/2014 08:46 GMT



Intraday ascending channel continues to organize the bullish wave, and a continuous support coming from the exponential moving average 50.

Stochastic supports the current rise by offering a positive overlapping signal on the hourly chart, and breaching 138.00 level is required to confirm the continuation of the bullish rally.


Target
Risk


Support
Resistance


Trend Bullish

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