Long EURUSD & EURJPY

15.33 gmt

As per my rules I should really wait for the close of the candle at the end of this hour, but I’ve been monitoring the action closely and it is clear that there is a really firm bid in the EURUSD which is lifting the EURUSD too. The EURUSD is clearly into buy territory, even if it drops to 1.3450 by 16.00 gmt. So going long the EURUSD is a safe bet, and by extension the EURJPY will also remain well bid.

I have therefore gone long as follows:

Long $120/pip EURUSD @ 1.3485. Initial SL at 1.3445.

Long $88/pip EURJPY at 122.24. SL at 121.60.

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