Now, if my EU and UJ forecast works out, then EJ could be the trade of the week. Why? Because a combined strength of the EURO and weakness of the YEN, can create a very bullish scenario on EJ. It can possibly be even a turning point for EJ, for more bullish action in the coming weeks. SL below last week’s low, but since yen can be volatile, more than a few pips below would be recommended.
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