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Jul 18, 2018 4:13 PM

EURJPY Short Short

Euro Fx/Japanese YenFXCM

Description

Euro's rally against the Yen has now over extended. The Euro has been sold off against the Dollar, Kiwi, Pound, and the Aussie. With today's selloff, we also have the bearish Stochastic crossover (10,6,6) further strengthening the case for a short position. Any rallies will be selling opportunities from here.

Trade active

Still more room to fall.
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