Hello all,

I'm looking to cover my USDJPY position as entry was triggered but move is not clear. dollar index looks like weakening but signals from different pairs are mixed so I'm not risking here.
However I'm leaving my EURJPY entry in place.


Euro was rising for few days but there is strong resistance and if it breaks lower levels it might be fast fall so I'm still keeping trade in place. It seems that we can have divergence with MACD indicator which would confirm our view.

Over longer term I would be looking for yen strength and euro weakness. Maybe not with a big fall but longer consolidation over time.

Good luck all,
Cholia
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