Euro vs Yen EURJPY sell trade strategy.

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EURJPY has been declining from the highs formed at 132.700 area to lows set at 127.400. A lower high has been formed at 129.800 area which informs our sell trade from current levels as we anticipate a continuing decline of the pair.

Sell EURJPY at 129.200 area, aim for closes near 127.500 and even lower at 125.00. Stops set at 130.300 on daily time frame.
  • Sell EURJPY at 129.200 aiming for closes near 127.500 and even 125.00.
  • Stops set on a daily close above 130.300 area.
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