EURJPY – Out of the range

Earlier today, during Bernanke speech,  the EURJPY broke the range it traded in for the last 10 days:

EURJPY
EURJPY

This breakout activated a bearish market condition in the EURJPY. As long as the EURJPY keeps trading below 111.47 I will be looking for short opportunities.

Feel free to comment.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .