pips4peeps

WILL YEN PAIRS CONTINUE FALLING?

Short
FX:EURJPY   Euro / Japanese Yen
Traders, what’s up? Fundamentals are weighing down on GLOBAL RISK, we have the likes of S&P500 down for the day. I have taken a SHORT POSITION on EURJPY @ 139.10 with a 45 pip stop loss. My net projection is 136.00, however I will manage my position as price moves further in my direction. Risking 45 to gain a net of 300+ pips.

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