Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

Welcome to my forex blog. I am a great believer in luck and I find that the harder and smarter I work the luckier I get. :-)

The tough resistance at 1.3045 could have been broken. Let’s see if it retreats. I hope not.
Here’s the hourly chart of EUR/USD as of now (08:14am GMT):

July 28th, 2010

EUR/JPY: Resistance at 114.72 forming

jpyforexfan

You can appreciate a resistance level forming at 114.72 on the hourly chart of EUR/JPY. I hope we can go beyond it by the end of the day.