Τετάρτη 4 Νοεμβρίου 2015

Technical Analysis EUR/JPY

Downward momentum is confirmed in EURJPY on a Daily basis. Market has broken through significant support level at 132.52 and has come back to touch it, creating new resistance level. Sold the breakout of 132.32 with a stop just above the resistance level of 132.52. Target previous support 131.79 for a plus 1:2 Risk:Reward.

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