Monday, January 27, 2014

Trade Idea: EUR/JPY - Stand aside

Failure to extend early rebound and the subsequent selloff below 140.32 after meeting renewed selling interest at 142.42 suggest the decline from 145.69 top is still in progress for retracement of early upmove, however, as price has rebounded from 139.18, consolidation would be seen but reckon previous support at 141.03



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