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Clive Lambert from FuturesTechs.co.uk explains how he intends to short EURJPY.
After a solid week from the bulls, it failed at Fibonacci resistance at 118.23 overnight (high was 118.41) and reversed sharply.
He expects to sell at 177.80-188.00 with a stop at 118.50. The targets are 116.70 and 115.00.
01:12 minutes
Tags: currency, eurjpy, forex, fx, lambert, saxo bank, saxo tv, saxotv, trade idea, trade view, trading, tradingfloor.com