Friday, September 20, 2013

Trade Idea: EUR/JPY - Buy again at 133.40

Despite yesterday's rise to 134.95, as the single currency has retreated after holding below this level today, suggesting consolidation below this level would be seen and pullback to 133.80-85 is likely, however, previous resistance at 133.35-40 would limit downside and bring another rise later, above said resistance would extend early



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