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Hello traders welcome to a new month and an exciting day of trading. So the charts look OK however we do have data today so please be alert to that also it is NFP and ECB week so price action could remain calm. OK so let us take a look at the EURJPY- This is another 30 Minute chart. Well today we are going back to the trend as price has settled down and yes we are looking at a sideways chart and looking to sell this. I have a very simple trade plan for this today as price action has been weak on this pair this week. Let this move up to resistance and we can sell this at the price level of 136.20. We will take this down to support as marked on the chart at price level 135.66
Thank you traders and have a great trading day !! William

FX Instructor Forex Blog – For Traders, By Traders

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