I am looking for a long trades for both pairs. But I need some confirmation with the USDJPY before I can enter any trade. However, today I placed a Buy Stop order for the EURUSD with entry at 1.5869, target placed over 60 pips from entry and a tight stop of 25 pips. The stop is slightly shy from my 3% risk exposure.
The EURUSD making a dip of 1.5831 today and now retracing upwards heading into my aimed entry price. No major news ahead until Tuesday so I expect my target may be hit today or tomorrow. Happy trading guys ;)
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