EUR/JPY Consolidation Presents Scalping Opportunity

EUR/JPY Consolidation Presents Scalping Opportunity
The EUR/JPY continues to consolidate following the post NFP volatility. A better than expected labor report sparked a bout of risk appetite and broad based Yen weakness. Concerns have eased over the deficit troubles in Greece, with International Monetary Fund’s Managing Director Dominique Strauss-Kahn believing that it will resolve its debt-crisis without IMF help.

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