January 22, 2019 08:14: euro/yen and euro/dollar strategy [from Mr. Tetsu[?] 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 distribution. This time, please take a look at the trading strategies for the euro-yen and euro-dollar.
We will maintain a long stance on the euro-yen. The long-term trend is 128.45 yen. The 2019 bear scenario range is 113.03–127.23 yen, with year-end at 114.75 yen. The January bear scenario range is 121.31–127.23 yen.
We will maintain a short stance on the euro-dollar. However, it has become oversold. The long-term trend is 1.1620 dollars. The 2019 bear scenario range is 1.0457–1.1657 dollars, with year-end at 1.0711 dollars. The January bear scenario range is 1.1049–1.1657 dollars.
“Tetsu Emori's Real Trading Strategy” (Tetsu Emori)quoted.
As of 11 o'clock, the euro-yen is trading in the 124 yen range. Although the issue of the UK leaving the EU has not been resolved, we would like to look forward to potential gains. (Editorial)
Euro-yen, 1-hour chart.