Trading-Log

EUR/JPY Intraday: under pressure.

FX:EURJPY   Euro Fx/Japanese Yen
28 0 1
short positions below 126.40 with targets @ 125.10 & 124.65 in extension.
Comment: As predicted the market has gone up to our 1st target @ 125.821 and looks to be set for a fall to our first support level @ 125.100.
From there we are likely to see another long retracement to around 125.421. if this goes as predicted we will see a breakout at 125.100 & the market will fall to our target level of 124.650.
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