Hello traders great to be with you on this Friday as we end another week of trading. Just some thoughts we have ECB President and FOMC chair woman speaking today at different times during our trading sessions. Please also keep in mind that traders are going to take profits and position squaring today. We look at this pair as I find it interesting in the price action of the week as it remains bearish, 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 now bearish and we are looking to sell. We have placed a trend line on the chart and looking for a break with a retest of the trend line to sell this. We would like to sell this at price level 134.34. I would like to take profit at 133.57 for a nice profitable trade.
