EURJPY Rolling over from daily Bollinger bands

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURJPY, 240 min Euro area January industrial production beat the estimates today with actual figure being 2.1% while the consensus expectation was 1.5% and December number negative at -1.0%. According to the Eurostat the increase is due to production of capital goods rising by 3.9%, energy and non-durable consumer goods both by 2.4%, durable consumer goods by 1.3% and intermediate goods by 0.9%. Long trade idea: EURJPY has been trending lower since July last year and has now after overshooting

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