USDJPY - Not ready for coming down yet
Even though the pair closed with a Doji on the daily chart yesterday, JPY does not seem to get any stronger today. With the strong uptrend, the pair is closer and closer to 141.
The difference in the policies between Japan and America has been the drive behind this uptrend since earlier this year and still going.
However, this does not exclude the chance that the paid will have a retract back to 139.5, which would be a good opportunity for placing long orders.
Wish you all good luck!
The difference in the policies between Japan and America has been the drive behind this uptrend since earlier this year and still going.
However, this does not exclude the chance that the paid will have a retract back to 139.5, which would be a good opportunity for placing long orders.
Wish you all good luck!
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