Thursday, January 22, 2015

Trade Idea: EUR/JPY - Hold long entered at 136.20

Euro's near term consolidation is likely to continue and as long as yesterday's low at 135.81 holds, mild upside bias remains for another rebound, above resistance at 137.64 would add credence to our view that temporary low has been formed at 134.71, bring retracement of recent decline to



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