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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 04, 2011, 05:01:47 am

Title: Trade Idea: EUR/JPY ? Met target at 114.20 and look to buy again on dips
Post by: machala on March 04, 2011, 05:01:47 am

Trade Idea: EUR/JPY ? Met target at 114.20 and look to buy again on dips

<p>The single currency rallied yesterday in line with our expectation, our long position entered at 112.85 met indicated objective at 114.20 (with 135 points profit) and once previous resistance at 114.22 was penetrated, euro surged to as high as 115.17 today, signaling the wave C is still in progress and<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/-sYKMnw35uU" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Met target at 114.20 and look to buy again on dips (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/-sYKMnw35uU/)