EURJPY 01.02.10-05.02.10
USDCHF . EURUSD . GBPUSD . Economic Calendar for the week
The euro / yen for the previous week, showed a negative trend, closing Friday session at a mark of 125.12, which is slightly below 50% from last year's growth. In this case, we have formed a bar below it. This means that to speak of a clear break unnecessarily. In situations where the stochastics indicate oversold, and the explicit breaking is not, then you should refrain from any transactions. In this situation, the most prudent to pending orders at the breakdown (buy stop, sell stop) on the edges of Friday's bar.
Recommendations:
- Sell from 124.75 to 122.60, limiting poter126.75.
- Buy 125.75 to 128.80, limiting losses 124yu75.
