EURUSD short and USDJPY long

The Yen has been going through a rough morning on market opening this morning, as the account balance disappointed investors heavily, and this was followed up by a shocking economic sentiment survey which showed a significant drop over the last month. Markets are now moving against the Yen and the dollar looks to be the best candidate.

EURUSD is holding below the 1.37730 support, now made to be resistance. It seems like it will bounce the Dynamic support within this week. Alternatively, if this Dynamic Bullish support is broken we will go short with all we’ve got.

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