EURJPY WAIT AND SEE MODE

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EURJPY is at a critical point. With the BOJ scheduled on Thursday we are therefore on wait and see mode to see what will happen before committing any capital to EURJPY. However, we have mapped out a couple of strategies to capitalise on.

A daily close below 127.900 below the rising trend line may sink the pair and take it southwards.
Target 1 @ 126.758

Target 2 @ 125.004

On the fliped side, a daily close within the triangle formation could gather momentum for the pair and push it further to 129.00
交易進行
Trade entered at 128.106

Stop Loss @ 128.500.
交易進行
Trade Stop Loss moved to Entry Price @ 128.106............

Trade Risk free now as we roll to Target 1
交易進行
First target achieved @ 126.758
交易結束:目標達成
Trade closed........ second target reached
Chart PatternsTrend Analysis

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