Friday, October 3, 2014

Trade Idea: EUR/JPY - Sell at 138.50

The single currency has rebounded after falling to 136.87 yesterday and consolidation above this level would be seen today with mild upside bias for retracement to 138.00-10, however, reckon 138.50-60 would limit upside and bring another decline, break of said support would extend the decline from 141.23 to 136.50, then



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