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Be sure to protect yourself with a stop loss at 114.05. If this level is breached, too much risk exists as a move to 116.50 could be looming. Proceed trading the EUR/YEN with caution this upcoming week.

// The stock market is due for a correction and this represents and ideal opportunity to short the EUR/YEN. Short With a Break below the yellow line and look to take profits a few weeks from now within the green … Continue reading →