josericaurte.jaen

Short-term pause in long-term bullish cycle for Yen crosses

Short
OANDA:EURJPY   Euro / Japanese Yen
EURJPY

Yes, we are in the expansion cycle on Yen crosses, which means easy yen trades buying the dips.

You may want to take a look at AUDJPY because it will have a double bullish entry coming from ASX's strength and a long-term boost from higher copper prices.

I see EURJPY doing the trick as European equities may start ticking up, such uptick is not an invitation to buy them, still is worth looking at leverage positions in these crosses which I see 10x better than buy shares on European equities.

Also, I see a Roadkill sell signal on 2H, such indicates either volume or the trend is reversing for now in the euro versus Japanese Yen.

Until my next post, Namaste everyone!
Coach Jose Ricaurte Jaen Celada

PS Remember to place your Stop Loss on every trade. We are not Elon Musk.

勝利は我々のものだ。今日と明日
¡Viva América!
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