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EURJPY Technical Analysis Forecast Thursday, March 07, 2013

ForexZig.com March 7, 2013

EURJPY Technical Analysis

Within the Wednesday, March 06, 2013 forex currency pair EURJPY started trading at 121.771 and closed at 121.929.

Daily high was 122.271 and daily bottom value was 121.482.

At the time of the Asian trade the currency pair EURJPY started trading at 121.771 and closed at 121.670. Asian highest rate was 121.810, Asian lowest level was 121.482.

At the time of the European trade the currency pair EURJPY started trading at 121.728 and closed at 121.708. European highest rate was 122.077, European lowest level was 121.613.

At the time of the US trading the currency pair EURJPY opened at 121.804 and ended at 121.637. U.S. top level was 121.995, U.S. low was 121.541.

EURJPY Thursday, March 07, 2013 Daily analysis for EURJPY

Support Resistance levels for Thursday, March 07, 2013

S3 S2 S1 Pivot R1 R2 R3
120.728 121.105 121.517 121.894 122.306 122.683 123.095

EURJPY Forecast

We foresee short-term adjustment at 0.259 and a long-term shift at 0.669 or our expectation is uptrend and target 122.598.

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