EUR/JPY : Critical Point 113.974 *LINK*

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Hong Kong Qindex 12:55 GMT December 19, 2012 - My Profile
EUR/JPY : Critical Point 113.974 : Reply
Buy EURJPY
Entry: Target: Stop:

EUR/JPY : Critical Point 113.974

The market momentum is strong and it has potential to go up further when EUR/JPY is able to close above the normal weekly cycle limit at 112.387 in the New York session. Panic buying is likely to be triggered in the following Asian session when the market momentum is strong enough to trade above the critical point at 113.94.

Qindex.com

EUR/JPY : Monthly Cycle Charts
http://www.qindex.com/eur-yen.html

EUR/JPY : Monthly Cycle Charts

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