EURJPY - 124.5 - 124 likely support

FX:EURJPY   Euro / Japanese Yen
95 3 9
Risky short set up building here near current levels of 126 in EURJPY             . Likely dip to 124.5 - 124.0 levels. Due to the FOMC and more importantly BoJ tomorrow, best to stay on the sidelines for now. Should see some good price action from 124.5 - 124 towards 128.

Good luck and trade safe.
Trade closed: target reached: Have a good day :)
Well done mate. Was also expecting the downside move, but not as quickly as this :)
+1 Reply
justatrader moneymaking
Thanks. I was actually expecting this to happen and then a quick recovery.. Pre-BoJ newsflow was sort of indicating that, but who knew they'd do nothing, in comparison to all the BS that was going around over the past week.
+1 Reply
moneymaking justatrader
Absolutely true !!
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