I'm looking for EUR/JPY to retrace to 128.30 where I will go long for profit taking at 128.76, stop at 128.05.
Also, setting a limit buy order on EUR/USD at 1.0893, profit-taking at 1.0964, stop at 1.0855.
Because of what is happening with the Euro/Dollar right now, I'm not placing any market orders, but hopefully the market will come to me (kicking & screaming no doubt
)
Almost every fundamental analyst, based on current economic news & indicators is saying the dollar is going to weaken considerably further...
Andrew Peters
Licensed Brokers
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