Markets are very choppy and I wouldn’t be surprised if we saw a reversal again today – EU down and UJ up – two reversals in one day. That’s what I mean by no follow through! In this environment it is best to grab whatever pips one can get before the market turns around!
Closed EURJPY short at 131.05, -28 pips.
Closed USDJPY short at 101.37, +40 pips.