Euro / Japanese Yen
Short
Updated

EURJPY Short

Hi,

Safe heaven buying coming in this morning, looking to take the EUR short here. We found weakness overnight so a combination of these factors and the technical setup means it's worth giving it a shot. Technically we pulled back to the 50 Fib and consolidated, a breakdown of the lows is a sell signal.

Entry: 117913
Stop loss: 118171
Target: 117477

Looking to trail the stop on the break of 117447, and risking 1% of the account here.
Order cancelled
The Order cancelled, took a similar trade on the EURUSD.

Disclaimer