Long EURJPY @ 120.20. SL 119.45. Also long EURUSD.

7.15 gmt

The Euro has generated a clear buy signal (surprising, given the political backdrop!) and the EURJPY is about to generate a signal (if it remains above 120.20 for the next hour). I am anticipating it slightly as there are other factors (timing, correlations) which are supportive of a move higher).

Long 9 lots ($99/pip) EURJPY at 120.20, stop loss at 119.45.

7.17 gmt

I’ve also gone long $100/pip EURUSD @ 1.3089 with a stop at 1.3039.

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