Hello guys,
in this video i show why i see weakness in the eurjpy pair. Eur is weak from post brexit, corona virus and poor economic data coming from europe. I believable as global weakness continues with many countries stock exchanges ... safe havens like jpy will increase in strength . I see weakness in eur continuing untill china admits they need help with containing the corona virus or we get a medical breakthrough that could help contain the virus. Basically with global uncertainty i am only looking for shorts on euro which makes more sense from an investor point of view.
in this video i show why i see weakness in the eurjpy pair. Eur is weak from post brexit, corona virus and poor economic data coming from europe. I believable as global weakness continues with many countries stock exchanges ... safe havens like jpy will increase in strength . I see weakness in eur continuing untill china admits they need help with containing the corona virus or we get a medical breakthrough that could help contain the virus. Basically with global uncertainty i am only looking for shorts on euro which makes more sense from an investor point of view.
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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.