RiccardoAnnoni
Short

EURJPY to go down at 125

FX:EURJPY   Euro / Japanese Yen
14 0 0
The support of area 126-127 could push the EURJPY             higher in the short term up to the 128.5-129.5 area. In this case to me it would be a great sell as I believe that EURJPY             will go to 125 as for EUR we have Draghi and his QE while on the Japanese part we have had hawkish remark this week stating that YEN is undervalued.

All in all I would wait for a rally into 129 to start sell again.
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