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Airwalker10
Apr 13, 2017 3:24 PM

Long eurjpy Long

Euro Fx/Japanese YenFXCM

Description

JPY rally due to market correction and global risks. Stalling. It's been a month with everyone on the same side of the trade.
Euro always getting beaten up due to political risks despite good economic. Market already positioned for the worst (Le Pen wins). Getting ready for a (good) disappointment.

Small position opened on monthly support, oversold position + channel trendlines.
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