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23rd Oct - EUR/JPY Weakness Threatens Supports

23 October 2014

WEEKLY CHART:

See how on the Weekly chart the

23.6% retracement is providing

first support. Failure here would

prolong the bear phase.

DAILY CHART:

The 38.2% pullback level is

current support on the Daily chart.

If this yields then next target is the

area of the 132.38 50%

retracement and channel base

projection at 131.75 currently.

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Next story:
26th Oct - Copper Prices Back to Key Support

Previous story:
20th October - S&P weakness is a correction not reversal

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