peterbokma

EURJPY-SELL strategy 4-hourly chart

Short
FX:EURJPY   Euro / Yen Japonais
My previous idea had a SL above 161.17 somewhere. However, I prefer to abort around 160.50 or market price, if seen. I feel SELL level should be further out, and likely around 161.37 or slightly higher.
reason is, we have lifted of some support levels and this provides fuel to the move higher.

For now strategy is SELL @ 161.37-161.55 and place SL above 162.07. Profit order @ 159.37.

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