Hello traders good to be back with you as we have a very busy data day today and should give us some good price action all PMI data in all three sessions. Today we are going to look at the EURJPY chart and trade plan. I am bias bearish and as we look at the 30 minute chart it is bullish, all I want to do is sell this so I am waiting for price to get below the 55 EMA and look for a bearish candle formation and enter the trade around the price of 115.02. I am looking to take profit at the support zone and the 200 ema at the price level of 114.43.
Thank you traders and we will talk soon…..William