I’ve had a very good run with this pair in recent times and I’m hoping it continues. My patience has been rewarded with a good technical re-entry level at 1.2275 (see chart in members) and now its a matter of waiting to see how the market develops. I’m guessing that there will be plenty of stop-loss sell orders somewhere tight below 1.2250, so I may reduce if EUR/JPY starts collapsing and drags EUR/CHF with it.
