
EUR/JPY
The Euro-Japanese yen pair is faced with a decision, if to continue his upward short-term movement or to continue his downward trend of long term. Apparently the wave "A" even still has not ended. Therefore we will wait for the formation of this wave and the development of the second wave "B" Our point of entry for the long-term exercise we it can be located about 111.00 in this level one finds a strong resistance since it is confirmed by the line of the moving average of 200 meetings. The final objective for our bearish strategy, we will place at 96.00 yen per euro.