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How I’m trading EURJPY: Lucas
Steve Lucas believes there is an opportunity to short EURJPY and here’s why.
Based on the charts, Lucas says he will sell at market and sell a rally to 126.40, the previously broken daily bull trend. His stop on the trade is at 127.01 and his targets are 124.67, the 2 week low, 123.06, the 4 week base and 122.05, March’s low trade.
01:24 minutes
Tags: analysis, currencies, currency, eur, eurjpy, euro, forex, fx, jpy, saxo, saxo bank, saxo bank tradingfloor.com, saxo tv, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotradergo, saxotv, selling, short, shorting, steve lucas, technical, trade idea, trade view, trader, traders tale, trading, tradingfloor.com, tradingfloorcom, yen
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