Hong Kong Qindex 09:15 GMT January 9, 2011
EUR/JPY : Critical Point 105.13 : Reply
EURJPY
Entry: Target: Stop:
EUR/JPY : Critical Point 105.13
Last week the market hit the low and high at 106.96 and 110.24 respectively and it closed at 107.29. The monthly cycle charts indicate that 105.13 is a critical point. The current expected trading range is 105.13 and 108.40 which is a monthly cycle pivot center.
EUR/JPY : Monthly Cycle Charts
http://www.qindex.com/eur-yen.html