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New Forex Trading Signal: Buy EURJPY @ 123.50

Forex Trades 553 Views

Buy EURJPY @ 123.50. Take profit targets @ 124.00 and 124.20

Stop loss @ a close below 123.00

Conviction:

On the 4 hours chart, the EURJPY reached the support level formed by the moving average and it’s showing strength as the RSI is turning around towards the 70 zone. Moreover, the pair’s Histogram is crossing from the negative zone to the positive one as the signal line is following it.

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About Razi Hammoudeh

Razi’s professional experience was gained over the course of more than a decade working with leading Forex market makers in the Middle East, Asia and Europe where he learned about trading, financial instruments and global markets. Being exposed to the wide range of skills he acquired along the years, he continued to develop his trading strategies and further improving his track record in Forex trading. He used innovative business development strategies to find FXLORDS, helping it to rapidly become a major provider of education and trading tools to the successful trader. He is an enthusiastic individual, motivated by challenge and renowned for pushing the limits, always looking to gain some more experience and help as much as possible along the way.