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EUR/JPY bias for 128.52 fibo level

Wednesday, March 11, 2015 9:10 AM UTC

Underlying scope for 128.52; once it takes 129.00
128.52 - 38.2% retrace of the 94.12 to 149.49 - 2012 to 2014 gains
Long black candlestick line on Tues weighs heavily on the market
Tenkan & kijun lines are aligned negatively, adding to the bearish structure

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EUR/JPY bias for 128.52 fibo level

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