Rocketman

EURJPY's Wave 3 on JPY Weakness

Long
OANDA:EURJPY   Euro / Japanese Yen
Fundamentals:
See notes on USDJPY

Technicals:
It seems that EURJPY is beginning wave 3 on the back of JPY weakness.

Comment:
I prefer USDJPY longs, as there is clear strength in the USD going forward in 2022. I add a smaller position size into EURJPY.


Chart of USDJPY:

EURJPY


Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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