Eurjpy trade taking the direction

The EURJPY is working well , the combination of Boj been put back at the end of the CB queue by its peers and Abe most likely calling snap elections for October,
meaning the same modus operandi will probably remain in place ,should continue to keep the JPY in check. A partial profit on the long has been taken @ 134.15 , to leave room for the position to be traded around and as the 134.40 is an obstacle to respect .A break on the daily close will make the 140 level feel a lot closer all of a sudden . Downside should now see 133.30/50 come in as a fist support , ahead of the several layered in the 132S.

EURJPY W1 19.09.2017

EURJPY H4 19.09.2017

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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