Shorting EURJPY!!

The Euro is facing turbulent times and inflation is a crucial concern. Will the monetary policies of the BoJ boost the value of the Yen? That remains to be seen. Be keen on the entry, a SELL limit order at the resistance levels of 144.026 is more appropriate. Take care of the risk beyond 145.549. This trade will reward correct decisions at 134.958 - more than 800 pips. The risk-to-reward ratio is 1:3.
Risk Disclaimer: This post does not constitute investment advice. Any decision taken by a user is solely their responsibility.