Euro / Japanese Yen

Long

EURJPY: Bottom's in

Updated

EURJPY clearly bottomed after approaching weekly support. I think this pair will offer a good proxy for a volatility short, if that's your thing. Maybe we have a major bottom in this, a top in VIX, gold, and a strong rally off the pullback lows in SPY.

Best of luck,

Ivan Labrie.

P.S.: don't forget to thank Haruhiko Kuroda if this works...

Note

Thanks Kuroda...you're the man (?)

The trade is progressing well.

Note

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You can add on dips after today's close...or just trade both and long in your FX portfolio.

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