Banker928
Short

eurjpy short

FX:EURJPY   Euro Fx/Japanese Yen
109 4 3
russia has troops in ukraine..... short
I think this may be what is in play -
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agreed... jpy should gain across the board today.... and like you pointed out, 139.00 is the logical target.

we've got draghi talking the euro down, boj not adding to stimulus, and global tensions.... Got everything we need for this to fall more.
-1 Reply
4hr if the the pink wedge is in play then once price drops bottom side of it - buy opportunity -
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a leaked report from Nikkei suggests that the japanese cabinet will downgrade its economic assessment later this month. This weakened the yen as it fueled expectations of more stimulus. That is what caused the stop loss being hit.
-1 Reply
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