Inside the Currency Market: EUR/JPY

Bottom. 137.53. Range above 140.45, below 136.03. Overbought sell point 138.91.

Strategy. Below 138.22 targets 137.87 then break targets bottom at 137.87. Above 138.23 targets long to 138.91. On the way up, 138.24, 138.26, 138.32, 138.44, 138.57, 138.83, 138.91. Reverse short at 138.91 to 138.57 then 138.23.

Brian Twomey, Inside the Currency Market, btwomey.com

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