DislikedSo it looks you have 2 positions.. Hedging?
One Short one long ?Ignored
It is not much like hedging but it is more like i dont want to close a position with loss.
Anyways i think both of the present scenario are good as if UJ goes up then it would do a retracement which every one is looking for and then to the normal down trend and as of the second thing if UJ goes down then i am sure that Japenese Govt. would surely go something to get it back up as it is not of their interest to have a strong currency. So either way i think there would be chances of profit.
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