February 20, 2019 08:25: EUR/JPY and EUR/USD Strategy [From Tetsuya Emori’s Newsletter]
From the investment e-mail magazine “Real Trading Strategy by Tetsu Emori” provided by GogoJungle, here is a small excerpt from this morning’s delivery. This time, please take a look at the trading strategies for the Euro-Yen and Euro-Dollar.
We will refrain from trading EUR/JPY. The long-term trend is 125.65 JPY.
We will maintain a long position in EUR/USD. The long-term trend is 1.1425 USD.
‘Real Trading Strategy by Tetsu Emori’ (Tetsu Emori)—quoted.
As of 11:00, EUR/USD is trading in the 1.13 range. At this stage there are no major catalysts likely to move the euro, but perhaps it is the calm before the storm. (Editorial Desk)
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