EURJPY Trade Idea (25th February 2020)
Currency Pair: EURJPY
Timeframe: H1
Date/Time of Signal: 25th February 2020 / 1600hrs (SGT)
Review:
The spread of the coronavirus are still gripping investors into a state of fear and driving investors to safe haven currency such as YEN.
EURJPY has been on a downtrend and below the Support zone of 121.30.
Following the trend, trade signaled to sell EURJPY (Entry: 120.16) with 3 Take Profit (TP) Targets (TP1: 119.96, TP2: 119.76, TP3: 119.56) and Stop Loss (SL) at 120.46.
Timeframe: H1
Date/Time of Signal: 25th February 2020 / 1600hrs (SGT)
Review:
The spread of the coronavirus are still gripping investors into a state of fear and driving investors to safe haven currency such as YEN.
EURJPY has been on a downtrend and below the Support zone of 121.30.
Following the trend, trade signaled to sell EURJPY (Entry: 120.16) with 3 Take Profit (TP) Targets (TP1: 119.96, TP2: 119.76, TP3: 119.56) and Stop Loss (SL) at 120.46.
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