Trade Idea: EUR/JPY - Buy At 119.10

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03-03-2010, 10:50 AM

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Trade Idea: EUR/JPY - Buy At 119.10

As euro has rebounded after holding above support at 119.66, suggesting further consolidation would take place and as long as 121.90 holds, recent decline may extend marginally in wave v and break of said support would extend weakness to 119.10 (approx. 50% projection of 125.24-119.66 measuring from 121.90) but reckon...

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