Friday, April 17, 2015

Trade Idea: EUR/JPY - Buy at 127.70

The single currency found renewed buying interest at 126.75 and staged a stronger-than-expected rebound, suggesting a temporary low has been formed at 126.09 earlier this week and consolidation with mild upside bias is seen for gain to 129.00, then 129.40-45, however, break of resistance at 129.77 is needed to add



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