RAPID UPDATE USD/JPY TP @: 114.230 SL @: 113.690 EUR/US | Focal Community Group (FXSignals)

RAPID UPDATE
USD/JPY
TP @: 114.230
SL @: 113.690

EUR/USD
TP @: 1.15821
SL @: 1.16106

NZD/CHF
TP @: 0.65036
SL @: 0.65286

We traded the movements in the forex markets perfectly today. Investors were heavily pushing back into the euro, after they took ECB President Christine Lagarde's statement(s) as less dovish than expected. Higher than expected Eurozone inflation numbers made them believe even more that the ECB will face "enough" pressure to soon tighten monetary policy. We saw it exactly the other way around and could have not been more right. The EUR/USD crashed all the way from a two-months high back below 1.16000. What a crash. What a trade. We also update our USD/JPY and NZD/CHF. The USD strengthened significantly again today (as we expected) after losing against the currency basket yesterday.


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We won 13 from our last 15 FX trades
(or 19 from the last 22)
That is a current success rate of 86.7%