01.21.2022

This is a choppy market, this RISK OFF move seems to want to extend more, but we took some off as the prices reached some short term support levels.

We KEEP FULL EURNOK LONG.

We took some CADJPY and AUDJPY off and want to REBUILD THE SHORTS today.

EURAUD we took profit on a nice move.

Some street color that summarizes how we are viewing things with Ukraine/Russia:

. Although It feels to me risk markets have not been primarily driven by this geopolitical tension there is becoming greater/ awareness/concern. There are direct implications for Europe if things do escalate from here and it is just another reason why I keeping things pretty tactical until we get a fresh catalysts.