EURJPY April 9, 2015

In the last post, I wrote that I am bearish on EURJPY overall, but it is in a range right now.

ATM, there are not very many counter trend players in the market so my guess would be to wait for the break of the current support and short it on a pullback or a breakout, targeting the lowest support but the support price is currently testing has held many times and is therefore strong, so a bounce is possible for sure. The level could hold.

SpacePip’s TradingCave↓

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