A stronger USD CPI and Retail Sales Data?

FX:EURUSD   Euro / U.S. Dollar

This evening, we have US CPI and Retail Sales numbers. A strong result could give the USDJPY the base to propel off.
However, with a strong data, I would be looking towards EURUSD , to move lower from a breach of the 1.2350 level.
Mixed or weak data from the US and we could see USDJPY plunge towards 106.
Trade closed: target reached
What a bounce back - great TP area and I had similar support and resistance lines
Jin_LCMSTraders Scottnoveldex
@Scottnoveldex, the lines are more important than most would realise

in this case, a respected tp line would have saved a very disastrous sl
Scottnoveldex Jin_LCMSTraders
@Jin_LCMSTraders, Yep agreed - setting realistic TP areas is a skill borne through experience and making the odd mistake hahaha!
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