• EUR/JPY saw some strength yesterday close to the support at 99.52. Monitor the hourly resistance is at 101.05 (25/09/2012 high). Shortterm resistance is at 102.10 (21/09/2012 low). • EUR/JPY is moving in a long-term downtrend. However, the medium-term oscillators favour a test of this downtrend. • EUR/USD bounced on its up trendline yesterday. Monitor the test of the short-term declining channel. Horizontal resistance at 1.2971 (25/09/2012 high). Key horizontal support at 1.2755 (11/09/2012 low). • Despite the recent sharp rise from 1.2043, the long-term trend is still negative as long as the down trendline linking ... (full story)