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    • Unlabelled EUR/USD and EUR/JPY bearish – Kshitij Consultancy
    Senin, 09 Februari 2015

    Unknown 20.25
    FXStreet (Barcelona) - Analysts at Kshitij Consultancy, note that the sentiment for Euro remains bearish against the dollar and the yen, with EUR/USD expected to consolidate for a couple of days in the 1.1240-1.1380 range.

    Key Quotes

    “The Euro dipped to 1.1270 (our target was 1.1250) but has bounced back a bit.”

    “See a couple of days of consolidation between 1.1240-1380.”

    “The trend is still quite bearish while below 1.1440."

    “Triangle Resistance at 119.25, mentioned yesterday, holds on the Yen (118.46).”

    “Further decline towards 117.80 is possible while the market remains below 119.00.”

    “The Euro-Yen could be deeply bearish while Resistance at 135.00-40 holds. Confirmation needed by way of a break below 133.50.”
    Description: EUR/USD and EUR/JPY bearish – Kshitij Consultancy
    Reviewer: Unknown
    Rating: 4.0
    ItemReviewed: EUR/USD and EUR/JPY bearish – Kshitij Consultancy
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