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gamer456148
Jan 21, 2018 2:12 AM

EURJPY Extremely Short Target Short

Euro Fx/Japanese YenFXCM

Description

I have a 136 target for the EURO & Japanese Yen FX trading pair. I believe though given current resistance levels, it could still pass 140 and maybe even 145 in 6 to 8 month. This especially true given this is a common pair among high frequency PIP traders as well as things that are expected to take place from a geopolitical point of view that is going to incrementally increase to some extent the value of this pair. If interested, I would personally likely do a short HODL until 138 and not try do too long. This is because I would want to take any small percentage profit, and reinvest or reanalyze when the time comes to minimize risk.
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