Daily Analysis EUR/JPY - Thursday, 26/03/2015
For the euro has Evo business climate index of Germany, which rose from 106.8 to 107.9 on a monthly basis and issued better than expected, which had been monitoring a rise to 107.4, and today at ten o'clock am Arabia issued the German consumer confidence index is forecast to a height of 9.7 to 9.8 on a monthly basis, as will be issued at 12:00 the rate of rise in loans and forecast to rise by 0.1% on the annual level
Technical trading EUR yen rebounding from the resistance levels of 131.50 to collide Petrnd rising bilateral focal short term is configured on the Frame four hours and resides at the same level with the average simple motion 30, which is a support for the bounce and possible correction area, so it is possible to access the purchase of levels The current stop loss to break the trend and shut down the candle below four hours and for the target would be the resistance at 131.40, with the resumption of buying in case of breach recent resistance levels for the pair
