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Risk On for now - Short JPY

Short
100*(2.01054-USDJPY*0.00137-EURJPY*0.00128-GBPJPY*0.00087-CHFJPY*0.00146-CADJPY*0.00158-AUDJPY*0.00159-NZDJPY*0.00176)  
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100*(2.01054-USDJPY*0.00137-EURJPY*0.00128-GBPJPY*0.00087-CHFJPY*0.00146-CADJPY*0.00158-AUDJPY*0.00159-NZDJPY*0.00176)  
jpy yen USDJPY
7
0
jpy yen usdjpy
This trade is more technical than fundamental. There is a clear bear flag pattern on the weekly chart of the Yen against all pairs.
Today was a break of the flag structure.

The stock market is booming and the EU, UK and US are looking to normalise rates. Risk on for now.
Clause de non-responsabilité

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