EURJPY - Many Reasons to Short

So for one, the war with Israel-Hamas is intensifying which already caused Gold to blast off as a safe haven and stocks may begin to correct as which would naturally add strength to the Yen.

With that said, I believe scaling shorts here at these levels is fairly low risk as long as the positions are well spaced out. I would even consider reducing lot sizes and diversifying with multiple Yen crosses.

That's it - That's all
Trade Safe!