Friday, February 27, 2015

EUR/JPY Elliott Wave Analysis

The single currency slipped this week and weakness to 133.50 cannot be ruled out, however, downside should be limited to 133.00 and as long as 132.20-25 holds, upside risk remains for another corrective bounce, above 135.35-40 would bring another corrective rise to 136.69 resistance, however, reckon upside would be limited



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