OfficialJ23

EurJpy Trade Update/Idea

Short
FX:EURJPY   Euro / Japanese Yen
Sent out EJ shorts the other day and stated why I was going short on the pair for a 1:3rr. Targets were hit for a solid 1:3rr, I didn't secure any profits on the way down. Instead I decided to let the trade run to tp. I spoke about EJ possibly tapping into 156.740 again. As of now price seems to be heading that way. If price taps into 156.740 we could either expect price to respect it once more where I'll than be looking to buy once price reaches above 157.088 or price could continue the bear run and finally break from the range.
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