Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 28, 2011, 05:03:24 am

Title: Trade Idea: EUR/JPY ? Buy at 111.50
Post by: machala on February 28, 2011, 05:03:24 am

Trade Idea: EUR/JPY ? Buy at 111.50

<p>Although the single currency slipped again this morning to as low as 111.95, as the move from 114.22 is viewed as retracement of recent upmove, downside to should be limited to 111.50/60 and minor support at 111.20/25 should hold, bring another upmove later. A break of minor resistance at 113.45<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/zGuZYiZvtbE" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Buy at 111.50 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/zGuZYiZvtbE/)