EURJPY Trade Idea (7th January 2020)
Currency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 7th January 2020 / 1530hrs (SGT)
Review:
Yen with strengthened due to further escalation in the Middle East tensions.
EURJPY tested and unable to break and bounce off the resistance level (zone) of 121.3.
Following the trend, trade signaled to sell EURJPY (Entry: 121.11) with 3 Take Profit (TP) Targets (TP1: 120.91, TP2: 120.71, TP3: 120.51) and Stop Loss (SL) at 121.41.
Timeframe: H1
Date/Time of Signal: 7th January 2020 / 1530hrs (SGT)
Review:
Yen with strengthened due to further escalation in the Middle East tensions.
EURJPY tested and unable to break and bounce off the resistance level (zone) of 121.3.
Following the trend, trade signaled to sell EURJPY (Entry: 121.11) with 3 Take Profit (TP) Targets (TP1: 120.91, TP2: 120.71, TP3: 120.51) and Stop Loss (SL) at 121.41.
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