SHORT EUR/JPY trade initiated at 116.75 after Falling Trendline rejected the 3 day rally. I expect "risk on" trades to decline in equities and FX markets as the trading week comes to an end. Fear of the French elections outcome should weigh on the markets, as the most recent polls show that the race among the 4 main candidates is too close to call. . .if Macron is unable to make it to the runoff elections, then equities could see a bloodbath on Monday.
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