EUR/JPY targets at 117.15

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Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs65%63%2.1%
Shorts35%37%-3.9%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuyBuySell
Aggregate⇗⇒⇘

[ANNOUNCE]The common European currency has continued to trade within range against the Japanese Yen. The currency pair has been trading between the range of 119.29/117.15 since last week's trading sessions. [/ANNOUNCE]

All things being equal, the exchange rate could aim for the 117.15 area within this session.

However, technical indicators flash buy signals on the 4(H) time-frame chart. Therefore, the EUR/JPY currency exchange rate could edge higher during the following trading session.

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