Hello traders good to be back for another trading day July 1st and a new quarter. Well just a short comment as we have NFP on Thursday this week as Friday is a Holiday July 4th in the US. Greece is still messing with our trading and today the EUROGROUP is meeting all day today. Plenty of data in all three sessions. No movement today with the Asia data releases. OK let us look at today’s pair witch is EURJPY- This is another 1 Hour chart. Well today we have a situation where we are between support and resistance being the daily pivot. So the trade plane is for us to sell at the current price level at the London open and we will hope this just continues sideways. So I am looking for the sell entry at 136.44 and we will take profit at the daily S2 pivot at price level 134.89. This is a nice trade set up if it works time will tell. Enjoy and Talk Soon…. William
