DAILY EUR/JPY CROSS OUTLOOK - 133.25
11 Sep 2013 04:23GMT

Y'day's anticipated rally abv res at 132.74 (Jul) strongly suggests MT uptrend has resumed n a re-test of May's 3-1/2 year peak at 133.82 is envisaged, break wud encourage for further gain to 134.15/25 later this week b4 correction occurs.

Hold long for this move. Only below 132.43 (previous res) wud indicate temp. top is made, 132.14.

STRATEGY : Hold long

POSITION : Long at 132.80

OBJECTIVE : 133.80

STOP-LOSS : 132.80

RES : 133.31/133.82/134.16

SUP : 133.88/132.43/132.14