peterbokma

EURJPY-SELL strategy 4-hourly chart

Short
FX:EURJPY   Euro / Japanese Yen
The pair has climbed and we should now considering re-sell the pair. The stochastic is high up and the pattern provides a little clue that we may topple a bit. my feel is we will, but as always we keep a reasonable SL for the strategy.

Strategy SELL @ 161.30-161.55 and place SL above 162.27 for now and take profit @ 158.27.

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