Long EURUSD & EURJPY

21.20 gmt

The US session has produced a bounce in the Euro, and given that the earlier swoon was caused by (among other reasons) false rumours, I doubt that the Euro will visit the lows again. Although the system has not generated a buy signal yet, I feel safe to go long here.

Long $100/pip EURUSD at 1.3320, with a stop under 1.3265.

Long $44/pip EURJPY at 118.20, with a stop at 117.60.

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