EURJPY EURJPY closed @ 13350 which was BELOW the open and was within prior day’s trading range. The High was 5 pips from Precise Trader’s Res Zone 1 and the Low was 20 pips from Precise Trader’s Hrly Level.   The Hourly Oscillators are Turning Bullish and the price is Above the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Sideways Up while 13320 holds and Daily Trend is Sideways while 13785 holds, so expect the price  to make Higher Highs.  The  Price 

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This entry was posted on Sunday, November 8th, 2009 at 11:48 pm and is filed under Miscellaneous. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.