Long eurjpy
JPY rally due to market correction and global risks. Stalling. It's been a month with everyone on the same side of the trade.
Euro always getting beaten up due to political risks despite good economic. Market already positioned for the worst (Le Pen wins). Getting ready for a (good) disappointment.
Small position opened on monthly support, oversold position + channel trendlines.
Euro always getting beaten up due to political risks despite good economic. Market already positioned for the worst (Le Pen wins). Getting ready for a (good) disappointment.
Small position opened on monthly support, oversold position + channel trendlines.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.