Closed EURJPY short @ 124.84; also UJ @ 92.42

8.31 gmt

The EJ has caught a bid at the 50% Fibo level of 124.05 and rocketed to 124.85 in about 20 minutes. Although the candle is not complete I think it is prudent to take profit here and assess later what to do next.

Closed EURJPY short at 124.84, +73 pips, 6.2%.

Looks like UJ is also bouncing off the Fibo and the trendline. Again, better take profits and re-assess later.

Closed UJ short at 92.42, +25 pips.

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