EUR/USD trade: Taking some more off the table

12/06/2012 | 01:50 GMT

A good friend of mine has advised me to take some more profits off the table as he expects EUR/JPY to rise over the next 24 hours. His information is usually good so I’m partially taking his advice and have taken some more profit from yesterday’s short trade in EUR/USD. I’m still hanging on to 40% of my original trade so let’s see what happens.

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