USDJPY still going strong .. the week of 03 July

2023년 7월 1일

As I anticipated in my post of 17Jun, this pair is likely to get to the 150’s. From the mid 141’s we are now in the 144’s and I do not see any reason why the trend will change any time soon. The trend is quite clean, the wicks are quite small and pullbacks are not deep either. Bearing in mind that the trend can become more volatile at any time, I remain with my bullish bias and my next target will be in the 148 region.

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