Elliot_Myers

USD/JPY Short Now Live

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I was nervous on this one as price nearly reach the stop loss at the top of the red zone!

We are now in profit and instability in Spain is looking to keep investors spooked which should benefit the safe haven Yen, I am skeptical on the longevity of this short option however I expect that we can take 50 pips for target 1, move to breakeven and let the other positions run risk free.

More on this over the weekend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.