Euro / Japanese Yen
Long
Updated

EURJPY: Bottom's in

708
EURJPY clearly bottomed after approaching weekly support. I think this pair will offer a good proxy for a volatility short, if that's your thing. Maybe we have a major bottom in this, a top in VIX, gold, and a strong rally off the pullback lows in $SPY.

Best of luck,

Ivan Labrie.

P.S.: don't forget to thank Haruhiko Kuroda if this works...
Note
Thanks Kuroda...you're the man (?)

The trade is progressing well.
Note
snapshot

You can add on dips after today's close...or just trade both USDJPY and EURUSD long in your FX portfolio.
Trade closed manually
Close EURJPY now snapshot

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