binaryoptions
Short

Buying PUTS for end of day expiration

FX:USDJPY   U.S. Dollar / Japanese Yen
99 0 0
Buying puts for end of day expiration as contracting triangles, even daily ones like the one here, have the tendency to end around the 50% level and that would be well below current levels........taking into account the falling trend line of the triangle and the fact that the fixing is still to come, shorting the pair seems the only logical thing to do
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