Post by: machala on February 15, 2011, 06:06:00 am
Despite yesterday?s fall to 112.09, as the single currency staged a rebound from there to as high as 112.95 today, retaining our bullishness and consolidation with upside bias remains for further gain to 113.10/20, however, break of resistance at 113.44 is needed to add credence to our view that correction
Source: Trade Idea: EUR/JPY ? Hold long entered at 112.40 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/CdR5xIoPRyY/)