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tmacrock2
Jun 23, 2020 9:36 AM

EUR/JPY - POSSIBLE LONG - GOOD RISK TO REWARD Long

Euro Fx/Japanese YenFXCM

Description

Reasons why I'm trading this long:

1. Europe Economy is back.
2. Safe Haven is not needed anymore.
3. USD is on back foot and U.S economy can't stand another shut down.
4. SMA 200 on daily is strongly broken.
5. Strong Trendline is broken

WARINING: Treading is a risky job and this analysis must not be basis of your trading. It's just and idea to share. This analysis will not take any responsibilities toward your loss or gain. Fundamental analysis could be changed due to high economic volatility.

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