Trade Idea: EUR/JPY ? Buy again at 113.00

Trade Idea: EUR/JPY ? Buy again at 113.00

<p>Despite euro?s anticipated rise to 113.98 (our long position entered at 112.40 met objective at 113.85 with 145 points profit), as the single currency has eased after failing to penetrate indicated resistance at 114.02, suggesting minor consolidation would take place and retracement to 113.30/40 is likely, however, renewed buying interest<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/nMkejoO2ISw" height="1" width="1"/>

Source: Trade Idea: EUR/JPY ? Buy again at 113.00