Short EURUSD & Long USDJPY: Think about taking profits

Short EURUSD & Long USDJPY: Think about taking profits

13 April 2016, 09:19
AynGannRand
0
20

 

We have been calling this level on USDJPY for several days now, as 109.110 also corresponds to 100% extension. However topping tails on 1H chart and resistance ahead are slowing down USDJPY rally. This is the main reason why we believe any long positions should be lighten up, meaning liquidating half or more than half of the position in order to protect profits ...Read More

 

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