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AlkalineFX
Oct 13, 2020 10:23 AM

EURJPY - Flight 125.45 Long

Euro Fx/Japanese YenFXCM

Description

I and the team have entered a buy position on EURJPY with an upside target around the region of 125.45. We have a key demand level marked out that we are beginning to see signs of reaction from, lets see if the EUR can pick up its speed and get back to the dominating bullish trend it was once on.

COT Data - 61% Short
IG Client Sentiment - 38% Long
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