QUOTE(Javier Nave @ Feb 27 2012, 03:58 AM)
EUR/USD's rebound from 1.2625 resumed last week and reached as high as 1.3486. Initial bias remains on the upside this week and current rise should target 61.8% retracement of 1.4246 to 1.2625 at 1.3627 next.
EUR/JPY Daily Outlook
Daily Pivots: (S1) 104.05; (P) 104.81; (R1) 105.23
EUR/JPY drops to as low as 103.22 so far today and intraday bias remains on the downside for 61.8% retracement of 97.03 to 111.43 at 102.53. Break will pave the way to retest 97.03 low.