EURJPY Idea

By EYFMarkets
Updated
G'day Trader

Today our analysis will be EURJPY currency pair. Based on the weekly timeframe, we going to see some huge correction before this pair continue the downtrend rally.

We might approach a 124.733 price tag target before re-analyst future market movement. Personally, I am gonna open a long position with manageable stop loss and target at 129.500 zones.

If this buy target is achieved, I am gonna open a sell position with a little wide stop loss to anticipate StopLoss hunter. Dance with the market movement.

Let's see what gonna happens next. Cheers.
Comment
Buy position closed. Now move to Sell positions
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