Tech Analysis Indicates Euro to Decline Against Yen

Technical analysis suggests that the euro could fall to a three-month low against the yen. Both the Stochastic Oscillator and the Moving Average Convergence / Divergence (MACD) indicators point to a lower euro which traded at 133.55 yen as of 8:54 a.m.

Continued here:
Tech Analysis Indicates Euro to Decline Against Yen

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This entry was posted on Tuesday, November 3rd, 2009 at 7:33 am and is filed under Forex, Forex News, Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.