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Euro / Japanese Yen forum

8 hours ago

What’s from here guys.
Japan has elections tomorrow.
If old party wins - If the current party wins its a positive news for JPY

If opposition party wins - May be we can see 175 again I don’t knows for Monday morning its sure going to be a shit show for lot of us.

Technicals would be out of windows on Monday.

So keep your fingers crossed for Monday who are holding the shorts from 170.

Good luck mates.

AACA-

17 hours ago

I hope you all use retail sentiment.
Whole June from 161 until now 173
The average retail short position on XXX/JPY pairs has hovered at 75%-90% short since June.
It reflects in the minds section :). You folks keep shorting.
95% of the time, retail is on the wrong side. Professional traders use retail sentiment as a variable to paint a picture of their bias.