Shorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track)
Selling at market price 126.485
SL above highs @ 126.905
TP lower down 2 support 125.123
See EURUSD trade idea to confirm correlation of EUR pairs and analysis
As usual don't bet the farm, good risk management won't kill you but the lack thereof could...
Hello Traders,
Today, our focus shifts to the EURJPY trade pair and just to be clear, I’m Euro bearish. There are couple of reasons for this preview. Notice that after prices peaked on February 2, JPY bulls drove prices lower and the consequent retest of that high on April 25 at around 133 came in lower. Because of this we can say bear momentum is high and we...