fxwirebeat

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EURJPY 100% | 1
fxwirebeat fxwirebeat EURJPY, W, Long ,
EURJPY: Long EUR/JPY backspreads, Risk Reversals signal ATM put costlier
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EURJPY, W Long
Long EUR/JPY backspreads, Risk Reversals signal ATM put costlier

EUR/JPY Technicals: EUR/JPY broke 131.80 - 61.8% retrace of the 126.08-141.06 April/June up-leg. Bears need a daily close below 131.80 to sustain the offered structure Tenkan & kijun lines are negatively aligned, reinforcing the bearish bias. We prefer to short ahead of Wed's 133.55 peak. Option Strategy: Please observe how delta risk reversal numbers are ...

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