Trade Idea: EUR/JPY - Buy At 120.90

Mar 10 2010

Although euro rebounded after falling to 121.46 yesterday, above resistance at 123.90 is needed to revive our bullish count that wave v has ended at 119.66 earlier and bring retracement of recent decline to 125.00 and then 125.24, otherwise, further consolidation would take place and another retreat to 121.46 cannot...