Euro / Japanese Yen
Long

UPDATE ON EURJPY

97
EURJPY
BUY EURJPY (New trade)

ANALYSIS: Taking a long on the EURJPY after the market's initial dip, price broke an inverse trend-line. EURJPY is pretty cut and dry when it comes to the direction with majority of retail-traders shorting this pair while the EUR remains bullish on the COT side, and the YEN remains dovish.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.