27.02.2014
At the beginning It was Swiss Franck and now Japanese Yen are considered to be a safe-currency even though USDJPY dropped below 102,00 this week and EURJPY is traded at 13-day minimum of 139,10.
Recommendation: we buy the pair in case of a breakthrough and clear fixation above strong intermediate resistance level of 101,95 with small stakes and we increase our positions in case the pair goes above 102,15 with the short-term aim of 102,60 and a long-term aim of 103,45.
Andrey Batensky
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