Good afternoon ladies and gents, EUR/JPY is very interesting at this moment. As you all can see on the monthly, it is hitting a support that was a monthly resistance. Then if you see far left you all can see a monthly resistance at 120.17. Seeing this, with how the Euro and Yen have been lately, I am leaning more to 120.17. I am going to be a sell from 122.85.
Trade active
Trade active:
Good morning!!! This setup is going to be left active. Good luck to everyone and remember your trailing stops.
Trade closed manually:
I went ahead and closed this trade with a 50 pip loss.