Post-election demand for USD continues to increase as London market opens. At the same time, we could also see the weakening of JPY and EUR. I was focusing on both USDJPY
. Short position has been entered for EURUSD
is still under my radar. I am hoping to see a decent retracement before going for long on USDJPY
. Price for USDJPY
is now near 108 and sellers could jump in anytime. Therefore, I prefer to wait and see.