Tuesday, December 2, 2014

Trade Idea: EUR/JPY - Hold short entered at 148.00

The single currency has rebounded after finding support at 147.09 yesterday, suggesting further consolidation is in store but as long as resistance at 148.16 (yesterday's high) holds, mild downside bias remains for the c leg of wave iv from 149.14 top to take place, below said support at 147.09 would



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