Friday, January 23, 2015

Trade Idea: EUR/JPY - Sell at 135.00

The single currency dropped again after ECB's QE announcement, signaling recent selloff has resumed in wave c and further weakness to 132.50 and possibly towards 131.35-40 (50% projection of 147.22-1134.71 measuring from 137.64), however, loss of downward momentum should prevent current wave v type of decline from falling sharply below 129.90-130.00



Continue Read...


0 comments:

Post a Comment

Site Search