Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 01, 2011, 05:03:34 am

Title: Trade Idea: EUR/JPY ? Buy at 112.85
Post by: machala on March 01, 2011, 05:03:34 am

Trade Idea: EUR/JPY ? Buy at 112.85

<p>Despite yesterday?s brief fall to 111.95, the subsequent rally from there suggests the correction from 114.22 (last week?s high) has ended there and consolidation with upside bias is seen for gain to 113.80/85, break there would signal upmove has resumed and bring retest of 114.22. Looking ahead, once this level<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/yBcig3mxv-M" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Buy at 112.85 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/yBcig3mxv-M/)