EURJPY Long
Updated
Almost similar idea as EURUSD earlier but need to be more cautious if S&P500 suddenly drops instead of climb to 2900. Initial TP @125.6 (61.8 fib) and next TP @126 (100 fib), with conservative SL just few pips below this week's low.
S&P 500:
Daily:
Weekly:
Confidence: 80% (less confident here than in EURUSD because market is still risk-off in general + the "rumored" recession + risks related to ongoing trade "negotiations" between US and China, which all give me a bullish bias on JPY if things indeed go gloom and doom irl lol)
S&P 500:
Daily:
Weekly:
Confidence: 80% (less confident here than in EURUSD because market is still risk-off in general + the "rumored" recession + risks related to ongoing trade "negotiations" between US and China, which all give me a bullish bias on JPY if things indeed go gloom and doom irl lol)
Trade closed: target reached
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