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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 15, 2011, 05:01:10 am

Title: Trade Idea: EUR/JPY ? Sell at 114.50
Post by: machala on March 15, 2011, 05:01:10 am

Trade Idea: EUR/JPY ? Sell at 114.50

<p>Although the single currency has retreated after yesterday?s sharp rebound from 112.51 to 114.83, a break of said support is needed to signal decline from 116.00 top has resumed for a stronger retracement of recent upmove to previous support at 111.95/00, otherwise, further consolidation would take place and recovery back<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/YuhGtxQJmII" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Sell at 114.50 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/YuhGtxQJmII/)