Euro / Japanese Yen
Long

EURJPY will Increase, SP500 Correlation

60
Based on the positioning of SP500, it is apparent investors are turning towards more risk-on currencies such as the EURO. EJ has the tendency to retrace back to SP500.

Good luck.

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.