I see UJ as an attractive pair in this moment, the USD has a strong and hight interest rate right now and JPY in the opposite. So the pressure from the carry trade could push this pair so far from now.
In the weekly chart we could see the price has a good action when hit the MA, it become a strong support right now so my strategy is very simple right now: Buy on dip when the price go back near the weekly MA, and looking it run to 122.00 I hope. It's very long run so I would update when has something new
In the weekly chart we could see the price has a good action when hit the MA, it become a strong support right now so my strategy is very simple right now: Buy on dip when the price go back near the weekly MA, and looking it run to 122.00 I hope. It's very long run so I would update when has something new