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MUFG trade of the coming week: Sell EUR/JPY on Abe

MUFG trade of the coming week: Sell EUR/JPY on Abe

EUR/JPY is trading at 125.35 today
Analyst at Mitsubishi UFG recommends selling EUR/JPY with a target of 122.80 and a stop at 127.20 in their weekly FX pick.
“We are recommending a short EUR/JPY trade idea. The pair has just put in place a double top at 126.75. President Abe’s decision to resign has introduced fresh uncertainty

Source: Forexlive RSS Breaking news feed
Date: August 29, 2020, 04:09