Wednesday, April 16, 2014

EUR / JPY: Wednesday 16th April 2014: 11:05hrs

EUR / JPY:

EJ is in a bit of a range.

Chart below:

 

 
However, Following the move last night and the immediate Higher High I feel there is a decent opportunity using the ATC strategy.
 
I am looking for a long position as detailed below.
 
Levels and Chart below:
 
Entry: 141.05
 
Stop Loss: 140.75
 
Target: 142.55 (5%)
 
 

 
I will update again should the position be opened.
 
Namaste
 
MDT
 

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