Thursday, February 27, 2014

EUR / JPY UPDATE: Thursday 27th February 2014. 07:50hrs

EUR / JPY:

Having moved the stop loss to break even on the first position (140.25) I am able to trade again on the next move down without taking on additional risk.

Price has consolidated over night and a break of 140.00 should see price retest the lows at 139.60.

Levels and chart below:

I have a stop sell order at 140.00 with a stop loss at 140.25.

 
Regards
 
MDT

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