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EUR/JPY Signal - European vs Asian Equities - 10 May 2019

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Signal Details
Entry Price: 
123.00
Take Profit: 
122.50
Stop Loss: 
123.40
Direction: 
Low
Result: 
Void
How we trade
5/5 of 6 ratings

EURJPY is trading down since February 2018, falling from 137.00 highs. Currently, the pair is close to 123.00 level and it is possible to go further down if the European equities fail to track Asian equities higher. Forex traders' focus will stay on EURJPY as the US-China trade talks continue this Friday.

eurjpy signal 10 may 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.