EUR/JPY needs to go up! For Now

٥ أبريل ٢٠١٥

EUR/JPY is in a correct to the upside for next week. Should find resistance around 132.715. The long term trend should resume to the down side. CBINX is over sold at a low price (Bearish), but moving averages and CBINX a still bullish. A three wave move needs to complete to the missed pivot, before another attempt is made to brake below 129.769.