USDJPY - Bullish Falling Wedge - Breakout

2019년 9월 6일

We still see USDJPY moving higher after it has broken above the 106.8 resistance level mainly we believe on the back of an easing of tensions in the US/China trade war. However, there could be a significant amount of price action post payrolls and average hourly earnings as weak data could indicate a higher probability of FED rate cuts.