Comparison Interest rates S&P and inflation shows correlation betweenall ofthem - the s&pseems to go up
Time for short. besides of many opinion up & long trend UJ will be support of EU. Next main support ia 119 when break we will see much lower levels Iam short with 50 pips SL 50 SL resist now waiting 118,85 to break
I expect UJ to have bigger correction to 119 at least. The trend is up - however zone 122 looks as huge selling zone. I will set up position with 122. 30 stop loss with tp manual.
Eu going up - we will see it clearly on weekly on Friday - means tomorrow - I expect mid turm up on hundrets of pips