June 5, 2019 08:35: euro/yen and euro/dollar strategy [from Professor Satoshi Emori’s newsletter]
From the investment newsletter "Tetsu Emori's Real Trading Strategy" by Tetsu Emori, provided by GogoJungle, here is a small portion from this morning's issue. This time, please take a look at the trading strategies for EUR/JPY and EUR/USD.
EUR/JPY is to unwind the short. The long-term trend is 126.10 yen.
EUR/USD remains long. The long-term trend is 1.1430 dollars.
“Tetsu Emori's Real Trading Strategy” (Tetsu Emori)quote.
On the 3rd, the President of the Federal Reserve Bank of St. Louis and on the 4th the Fed Chair both hinted at the possibility of rate cuts, which seems to have supported the dollar. EUR/USD and EUR/JPY have also rebounded, and we hope this momentum will continue. (Editorial Department)
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