Trade Idea: EUR/JPY ? Hold long entered at 112.40

Trade Idea: EUR/JPY ? Hold long entered at 112.40

<p>Although the single currency has slipped today, as the move from last week?s high of 113.44 is viewed as correction of recent rise, reckon downside would be limited to 112.00 and bring rebound, above intra-day resistance at 112.95 would suggest the pullback from 113.44 has ended and bring a retest<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/1l0sU0OVWgM" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Hold long entered at 112.40