Today, the EUR/JPY seems moving in the range between 131.25 and 132.00. It has been already confirmed by:

1. The market price appears above the EMA 100 (green) and bellow the EMA 34 (blue).

2. The EMA 50 (red) position is bellow the EMA 34 (blue) and above EMA 100 (green).

RECOMENDATION: 

SELL Stop (Pending Order) at 131.24.

Take Profit at 131.10.

Stop Loss at 131.34.

Best regards,

Arief Makmur

Official Analyst of InstaForex Group

InstaForex Group

http://www.ifxwork.com

Email : Arief.jakarta@indo.instaforex.com

Yahoo Messenger & Skype : Arief.ifx_jakarta

blog.mt5.com/arief

http://www.mt5.com/forex_analysis_award/profile/index/arief

Disclaimer:

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