Sunday, May 3, 2009

UNITED WOLRD CAPITAL EUR/JPY Weekly Outlook

EUR/JPY's rebound from 128.89 extended further to as high as 132.33 last week and at this point, further upside is still in favor as long as 128.89 minor support holds. The developments in other yen crosses and broad based weakness in yen are dampening the bearish outlook in EUR/JPY. While.... UWCFX

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[Source: EUR/JPY Weekly Outlook]

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