I hope you're loving me this morning. We called the high in EUR/USD and sold the high in EUR/JPY last night. The trade call was to sell EUR/JPY in halves at 158.05 and 158.15 against 1.2980 EUR/USD resistance. The actual was high 158.13, so you should have only got into a half EUR/JPY position as we hover just above yesterday's New York lows of 157.40 area, and slightly below shown uptrend support. Pull your stops to cost on any remaining position. Back tonight with an update.



Todd Gordon is a Technical Currency Strategist and Fund Trader with GAIN Capital Group.

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