Hourlies are basing after a brief 132 break. Prices earlier broke the hourly uptrend line off of this week"s lows. Overbought bearish divergence top remains the salient feature on the dailies. No close below the 10-DMA yet, today at 132.33, or the 21-DMA at 131.00 last, so bears have some proving to do yet. Selling rallies is preferred.
TODAY SIGNAL
TIME : 2.45 PM ( M'SIA )
SELL : 131.80 TARGET : 131.69
* Don't forget to use stoploss
EUR - JPY APRIL 11 2009 ( STILL IN HOLD )
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