EURJPY Key Levels

Published April 21st, 2009 - 11:58 GMT
Al Bawaba
Al Bawaba

The EURJPY rebound is viewed as a correction.  Price ideally rolls over before 129.33 in order to keep the impulsive nature of the decline from 132.06 intact.  A short term target is a Fibonacci extension at 124.20.