EURJPY's Wave 3 on JPY Weakness
Fundamentals:[b/]
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
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
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