EUR/JPY technical analysis for August 21, 2013


Even the Bullish movement in all pairs with EUR has still dominated in the market base� on the rumors ECB wants to raise up its rate, and the Yen self has get a pressure because the lack of some fundamental data but now the EUR/JPY still moving in a ranging situation between the 129.25 to 131.00, maybe this happen because the market participant waiting the FOMC meeting minutes in a few day again.

RECOMMENDATION:
BUY Stop (Pending Order) at 130.76.
Take Profit at 130.90.
Stop Loss at 130.66.

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