Closed EURJPY @ 122.71, +60 pips

10.24 gmt

Although the breakout in the EU and EJ is very bullish, my ‘time-of-day’ sentiment guidelines expect a retracement from here until the ECB event. I have therefore taken profit on the EURJPY and will assess later.

Closed EURJPY at 122.71, +60 pips, +6.6%.

I am leaving the USDJPY, that should not be much affected by the ECB event.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s