Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 09, 2011, 05:05:56 am
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Trade Idea: EUR/JPY ? Turn short at 115.45
<p>The single currency has remained sidelined after retreating from last week?s high of 116.00 and further consolidation should take place, however, as long as said resistance holds, mild downside bias remains for retracement of recent upmove to 113.70-80, break there would confirm top has been formed there, bring stronger correction<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/zg6456rE7qM" height="1" width="1"/>
Source: Trade Idea: EUR/JPY ? Turn short at 115.45 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/zg6456rE7qM/)