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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 07, 2011, 05:05:31 am

Title: Trade Idea: EUR/JPY ? Turn short at 115.30
Post by: machala on March 07, 2011, 05:05:31 am
Trade Idea: EUR/JPY ? Turn short at 115.30

<p>Although the single currency surged last Friday to as high as 116.00, the subsequent retreat from there suggests a temporary top has possibly been formed there and consolidation with mild downside bias is seen for retracement to 113.70-80 but break there is needed to confirm this view, bring retracement of<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/QYN_y9515mY" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Turn short at 115.30 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/QYN_y9515mY/)