01.14.2022
We expect a bit of a corrective move lower in RISK, a continuation of what we have been seeing.
In this environment, we favor long EURXXX (EURCAD, EURNOK, EURAUD all look very good to rally)
EURNOK CHART:
Cross-JPY also seems ready to move left, as many risk positions get unwound.
CADJPY CHART:
We let these moves develop, we want to participate once the move is exhausted.