Thursday, April 17, 2014

EUR/JPY intraday

  dip action is still well contained for   now, so those that are still looking to buy dips in the current range pattern environment should look to do so while the 140.92 support level holds. Mkt is not wanting to push the limits today and  to the upside 141.90/142.00 is key. Only if that zone is taken out    would the setup turn a bit more bullish.