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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 08, 2011, 05:15:01 am

Title: Trade Idea: EUR/JPY ? Turn short at 115.30
Post by: machala on March 08, 2011, 05:15:01 am
Trade Idea: EUR/JPY ? Turn short at 115.30

<p>Euro?s retreat after rising to 116.00 last Friday 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 recent upmove to minor support at 113.10 but reckon<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/r3wIm_zJzVU" height="1" width="1"/>

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