Euro / Japanese Yen
Short

EURJPY: Short Possibility

326
Sorry for late publication, I just entered the short. The idea is to take advantage of the traditionally safe-haven Yen that is gaining in strength, which is likely to weigh on this pair. Explanation of technicals can be found in the chart.

UPDATE: This pair followed the script to a T, price dropped the total distance, as indicated in the chart, for a full profit of 138 pips.

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