Monday, August 25, 2014

Trade Idea: EUR/JPY - Hold long entered at 137.25

Although euro has retreated after rising to 138.00 late last week, as long as support at 136.77 holds, upside bias remains for the rise from 135.73 low (wave v of 3) to bring retracement of recent decline, above 138.00-03 resistance would bring test of another previous resistance at 138.45, however,



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