Hello traders welcome to a new trading day. So today is Friday after a challenging week we have some trade plans as the dollar looks to be coming back. Please remember there is profit taking today and also some high impact data releases today. Enjoy your weekend break and talk next Asia session.
OK traders let us take a look at this pair n
has it has been sideways for the complete week and finally broke out for us to have a good trade plan. Let us look at the EURJPY- This is another 30 Minute chart. Well today we are looking to sell this pair. We are currently at a price level after the sell off and it is pulling back as I like this let it come back as close to the daily pivot and we will sell this at price of 135.51. I am looking to take profit at 134.85.
Have and enjoy your weekend break traders talk soon …. William