Selling Opportunity in EUR/JPY - Thu, Nov 24, 13:07pm. Closed Out Mon, Nov 28, 20:00pm +$62.77.
EUR/JPY continues to trade correctively, pulling back from the Oct 21 high of 148.40. This morning, the pair broke below a minor support line and this gives rise to the possibility that this decline may extend lower towards the 100% extension of 147.10 to 142.54 from 146.13 towards 141.57, which is stacked just above the 88.6 retracement of 140.79 to 147.21 at 141.52.
TRADE IDEA
#1 Sold @ 144.913. Thu, Nov 24, 13:07pm. Closed Out Mon, Nov 28, 20:00pm.
Stop @ 146.300
Target @ 141.700