Previous Short Setup Netted Us Over 222 pips profit. *All in orange!
New setup would be a long either from where EJ is at now or after another stretch to the downside at one of the next support levels.
EUR (EXY) -> Could go either way, but the data suggests it will gain strength.
JPY (JXY) -> Should see a correction to the downside by later this week, could spike up a bit more first (in this scenario EJ goes lower before entering long)
Either way, overall long on EJ for the next few weeks. Trade coming soon.
Waiting for confirmation first!
New setup would be a long either from where EJ is at now or after another stretch to the downside at one of the next support levels.
EUR (EXY) -> Could go either way, but the data suggests it will gain strength.
JPY (JXY) -> Should see a correction to the downside by later this week, could spike up a bit more first (in this scenario EJ goes lower before entering long)
Either way, overall long on EJ for the next few weeks. Trade coming soon.
Waiting for confirmation first!