TAS
Short

EURJPY compressing on correction

FX:EURJPY   Euro / Japanese Yen
261 3 20
Price is compressing on a trendline convergence. Added last week to this position and will add again when it comes below the red trendline or the blue dashed, depends on price action untill then.
do you think this pair has some co-relation with EURUSD? I had short both EURJPY and AUDJPY. EURJPY(EURUSD is down) is down while AUDJPY is up (AUDUSD is up). thanks
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TAS dchua1969
Thanks for the comment. EURUSD has -68% correlation with USDJPY http://www.myfxbook.com/forex-market/correlation/EURUSD
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TAS TAS
With EURJPY has no relation. AUDJPY I'm also going short
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