EUR/JPY technical analysis for July 24, 2013


Once again the 132.00 level has proven to be a strong resistance for EUR/JPY, since yesterday this level was touched by EUR/JPY; the downside movement is held by the dynamic support from EMA 34 (blue); for today EUR/JPY will test 132.00 again.

RECOMMENDATION:
BUY STOP (pending order) at 131.76.
Take profit at 131.90.
Stop loss at 131.66.

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