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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 10, 2011, 05:01:25 am

Title: Trade Idea: EUR/JPY ? Turn short at 115.00
Post by: machala on March 10, 2011, 05:01:25 am
Trade Idea: EUR/JPY ? Turn short at 115.00

<p>The single currency has fallen again after meeting renewed selling at 115.27 today, adding credence to our view that top has been formed at 116.00 last week and consolidation with downside bias remains for retracement of recent upmove to 113.70-80, break there would bring stronger correction to minor support at<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/YZtOXJibF1g" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Turn short at 115.00 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/YZtOXJibF1g/)