EURJPY LONG CLOSED; SHORT INITIATED
OUR LONG POSITION IN EURJPY HAVE NOW BEEN BEEN CLOSED @135.00.
THE SCENARIO IS THIS; THE PAIR HAS FAILED TO SUCCESSFULLY MAKE 125.30
A 4 HRS BEARISH CANDLE SUGGESTS FURTHER SLIDE IS EXPECTED.
THIS IS ONLY A REVERSAL AND WE LOOK TO TARGET THE 131.15 AREA.
*SHORT EURJPY = 135.00
*STOP @ 135.35
*TARGET = 131.15
THE SCENARIO IS THIS; THE PAIR HAS FAILED TO SUCCESSFULLY MAKE 125.30
A 4 HRS BEARISH CANDLE SUGGESTS FURTHER SLIDE IS EXPECTED.
THIS IS ONLY A REVERSAL AND WE LOOK TO TARGET THE 131.15 AREA.
*SHORT EURJPY = 135.00
*STOP @ 135.35
*TARGET = 131.15
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