[OpenFX] EURJPY: A Buy? [1 Attachment]

 

[Attachment(s) from clay@claymarafiote.com included below]

Hi Traders,

Is the Carry Trade back? For those who have been trading for more than five years, you might remember how the EURJPY and GBPJPY performed in this trade. In a word, it was "good". The attached chart shows how the EURJPY completed a long move down (Elliott 5 waves) and has broken a key trendline. As a longer term play, one might to consider buying this pair as it retraces part of the downside move.

Just a heads up. If you have questions, feel free to ask!

Cheers,

Clay 

__._,_.___

Attachment(s) from clay@claymarafiote.com

1 of 1 Photo(s)

EURJPY Weekly.png

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (1)

Recent Activity:

Visit Your Group

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___