Trading Signal - 7/2/2014 - 10:00 GMT+2
Instrument: EUR/JPY
60min CHART
Upwards Weak
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (137.60). Provided the market conditions will remain the same the TP2 will be reached soon.
The market is testing resistance at 139.00. We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance the 140.50 level.
Support & Resistances
138.30 139.00
137.50 139.50
136.00 140.00
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