EurJpy Trade Idea
Updated
I sent out EJ shorts last night and stated how price had flipped bearish on higher time frames before crashing back below the daily resistance. I spoke about price potentially tapping back into the daily low at 162.3. Price ended up playing out beautifully with targets hitting for a 1:3rr. I'm still overall bearish on this pair. Looking to see what happens when price reacts to 163. We can either respect the pullback and go short or range between 162.3 and the daily resistance.
Trade closed: target reached
Solid 1:3rr. 
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