Tuesday, September 30, 2014

Trade Idea: EUR/JPY - Hold long entered at 138.85

Euro's near term sideways trading is expected to continue but as long as last week's low at 138.38 holds, consolidation with mild upside bias is seen for another rebound, above 139.70 would suggest low is possibly formed, bring test of resistance at 140.22 but break there is needed to signal



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