EUR/JPY and the forecast for January 30

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Jan 13, 2014
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Browse by EUR / JPY and the forecast for January 30.
Intraday mood this pair generates stub downward wave of January 23, part of a larger trend in the medium wave from 27.12 last year.
Yesterday exceeded expectations. The outbreak of the resistance zone downward wave still selling far calculated support area turned into a resistance zone.
Since the end of the day yesterday, as part of the newly formed downward intersessional waves upward correction is formed, the fact that closure will mean a continued fall within the trend.
During the day, expect upward movement spirit at least in the first half of the day . Swipe lifting a pair of quotes expect not far above the resistance zone.
Formation of the rising structure over time can last as no more than one trading session, and take several.
After completion of the correction forward change of direction and a pair of continuation of the main trend.
At the time of analysis, quotes are trying to push the nearest cross resistance zone
Support area:
- 139.25/05
- 138.60/40
Resistance zone:
- 139.75/90
- 140.30/50
Above in the day did not expect .
Trading recommendations : Dominates bearish upward correction . Transaction to purchase with caution , capacity is limited, do not recommend for beginners.
Price reaches the resistance zones suggest the formation of track signals used by your trading systems for sale motocross.