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Hello traders welcome to a new trading day. I have looked at all the charts and I am seeing some good continuation of the trend. Traders we must stay alert as the next two days there is a lot of data to be released.

OK let us take a look at a currency pair that is not a USD pair. So today I am looking at the EURJPY- This is another 30 Minute chart. Well today we are looking to sell this pair. I really like the current level that price is at, as we are just below resistance of the daily pivot point so I am looking for a nice bearish candle formation and look to enter this trade at the price of 132.69. I would like to take profit at support as you can see I marked the chart and this is at the price of 132.30

Thank you traders and we will talk soon !!!!

FX Instructor Forex Blog – For Traders, By Traders

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