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Trade Idea: EUR/JPY - Sell At 128.35, O.C.O. Buy At 124.85 - forex fx daily current outlook

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Old 01-26-2010, 10:04 AM
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Join Date: Sep 2008
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Default Trade Idea: EUR/JPY - Sell At 128.35, O.C.O. Buy At 124.85

Despite intra-day brief bounce to 128.38, the single currency met renewed selling interest there and resumed recent decline, suggesting the wave c from 134.37 is still in progress and weakness towards 124.83/85 (50% projection of 133.65 to 126.55 measuring from 128.38) cannot be ruled out before prospect of another rebound...

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