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  4. EUR/JPY Signal February 28, 2012
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EUR/JPY Signal February 28, 2012

Forex Royals

Analysis by: ForexRoyals

Currency: EUR/JPY
Trend Expected Direction: Up.
Method: Resistance, Support levels, and Pivot points.
Description: EUR/JPY has found strong support at the 107.25 level and moved up. We strongly believe that it will continue upwards to reach the resistance at 109.80.
Action: Best action is to buy above the Pivot point.
Target Area: First target 108.90, second target 109.80.
Stop Loss: Below the Pivot point at 106.70.

EUR/JPY 2/28/12

Forex Royals
About Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.
 

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