IvanLabrie

CADJPY: BOJ might help me short it

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Abenomics to the rescue...
We got a potentially very bearish setup here, on the back of falling crude oil.
I'm taking it with a 0.5% risk allocation, potential is considerable once it starts falling.
A move above the red line would invalidate this trade, keep in mind there will be intense volatility during Asia tonight.
Cheers,
Ivan.

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