EUR/JPY's rise from 152.11 extended further to as high as 161.38 but retreats mildly after meeting mentioned 100% projection of 152.11 to 159.46 from 154.05 at 161.40. Nevertheless, intraday bias remains on the upside as long as 159.61 minor support holds. (excerpted from actionforex.com)
Timeframe: 15M
Technical Trigger: Bearish EMA's cross, a moderate one.
Direction: Short
Price: 160.80
Target: 160.30
Comment: I would have cashed some pips had I shorted it from 161.10 yesterday, I went to bed earlier. No one to blame but myself, sigh. Cover the position in a slightest indication.
Status: Closed (50 pips)
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