Trading with a Directional Bias | Trading the News | Learn Forex Trading
In this class it says that if the unemployment rate drops, USD will be weaker - which I can understand.
But then it says if USD weaken, you gotta short USD/JPY - which doesn’t make sense to me.
If USD becomes weak and that JPY doesn’t change, the pair USD/JPY should move UP, right? so you should LONG it and not SHORT it…
Can anybody help me understand?