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auroraspot
Jul 11, 2017 11:33 AM

EURJPY Short Contrarian Position Short

OANDA:EURJPY1D
EUR/JPYOANDA

Description

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A short position in EUR/JPY pair is initiated based on overall over extension both in EUR/USD pair and in USD/JPY. Thus the total weakness of the Japanese Yen can be easily reversed if one of the major pairs above retrace back to its MAs.

Trade closed: stop reached

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Stop Loss reached on 18.09.2017.
Trend AnalysisChart PatternsBeyond Technical Analysiseurjpyshorteurjpysignaleurjpytrade
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