Yesterday EURUSD pair gained over 90 pips.
Smells like a good Short opportunity. 🙂
I will carefully watch the price action on M15 chart, to look for the possible reversal down from the resistance. (1.1210-1.1220). Also big psycho-level of 1.12000 can be reversal point as well.
Well, talking about EUR, here is EURJPY setup. (though I had suggested better off not to trade Yen pairs…)
Oops, the price is already in the SELL ZONE ! (Sorry, I should have posted this setup much earlier!)
OK, how about this? (in a smaller timeframe)
Yes, I am bear. So simply wait for the break of Asian market low, and try to short at re-test of 134.00.
Hope you can find some trading idea from this post.
YJ Baik – Forex.Today @ Tokyo