Hello traders good to be back with you as we have another currency pair to review with a tough trade plane. This trade is going to be a challenge for us today so let us take a look at EURJPY- This is another 1 Hour chart. Well today we have a new trade plan as the daily is bearish and we are looking to sell. We have placed a rage trade on the chart the range is 58 pips and we are just about in the middle of that range. My bias is to sell this so I am looking for this to go to the top of the range which is resistance and sell this pair. I really am not looking to buy this at this time. If you are really conservative wait for a break of the 200 ema and sell from that point. Traders another trade set up that is not going to be easy. Thank you traders and Talk Soon….. William
