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EUR/JPY trading signal - ECB President Draghi Speech - 27 Sep 2018

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Signal details
Entry Price: 
131.80
Close Price: 
131.96
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
OTM
How we trade
4.8/5 of 5 ratings

EURJPY reached important level 133.00 and is currently heading south amid Italy budget concerns. The currency pair already dropped to 131.80 and further losses are on the cards today. Traders will focus on the CPI data from Germany and ECB President Draghi's speech that is scheduled for 13:30 GMT.

eurjpy trading signal 27 sep 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.