Eur Yen Overview

[nazlee]

The recent sharp decline reached a Fibonacci level at 149.66 and prices have started pushing higher again. This could make it to 160.47 before the bears pounce again. On the downside, slipping under 149.66 levels level vulnerable to a slide down to 147.57 and as far as the stronger looking support at 145.24.

[tauqeer]

Thanks for the analysis,it seems real enough due to high oil prices