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Hello traders welcome back to a new trading day. Traders today we are looking at an interesting day as It looks like some of the currency are back in line we can see the reaction from the FOMC and we had AUS data today in Asia. The key for today is the entry as some of the trade plans are 30 pips and we do not want to trade anything that the profit is less than 30 pips. OK let us look at today’s currency the EURJPY- This is another 30 Minute chart. Well today we have the daily chart is still bearish. Today the chart is showing it had a good sell off so we are approaching resistance at the daily pivot with the 200 ema at the same price level. I am looking to enter this at price level 136.33 with a bearish candle formation with conformation. I am then looking to take profit at 135.76 witch is the S1 pivot zone. Thank you traders and talk soon……. William

By FXOpen