EUR/JPY Bullish Above 104.00 , September 21, 2011 (Daily Strategy)

EUR/JPY

The Euro - Japanese yen pair Technically, it is important to pay attention to strong support at 104.18.

The pair has been testing the level of 104. so it has proved a strong barrier to prevent the pair make minimal snow. All buy position, we can place above this level. itself a break of this level change our bullish outlook of the pair. and we would have to close our order only if the business day closes below this level.