Macrobriefing

Euro Strength, or Yen weakness?

Long
Macrobriefing Updated   
FX:EURJPY   Euro / Japanese Yen
The USDJPY is currently in the big sideways, after its been through the Big up and Big down.
EURUSD, is higher, GBPUSD is higher. So US dollar weakness there.

Overall JPY is being intervened via the BoJ, so a riskier asset due to more unpredictability. US dollar crashing lower, is a correction currently rather than a new trend.

So EURJPY and GBPJPY up for a minute and if they fail, hoping the EURUSD and GBPUSD pay for them.
Trade closed: stop reached

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