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Thomson Reuters
May 15 - 12:12 PM
New EUR/USD 2018 Low, USD/JPY Bulls Seek Close Above 200-DMA
First appeared on eFXplus on May 15 - 10:00 AM
  • USD races ahead. EUR/USD falls, while USD/JPY makes steady gains
  • EUR/USD losses take out the recent 2018 1.1823 low which was set on May 9
  • USD/JPY bulls seek a daily close above the now broken 200-DMA at 110.17
  • We remain short of EUR/USD at 1.1920 for 1.1780, stop lowered to 1.1945
  • Profit has been locked into our USD/JPY 109.15 long as stop raised to 109.60

EUR/USD Trader:

USD/JPY Trader:

EUR/USD Fibo Chart: Click here

USD/JPY Bollinger Chart: Click here

Source:
Thomson Reuters IFR Markets

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