Get started
zulle6716

Long USDJPY @100.42 Stop @99.61 Target @103.00

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
zulle6716  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
5
0
WTi is retreating, supporting a bull move in USD, while Yen is being pressured by Kuroda's comment during the weekend about cutting interest rate.

Kuroda is scheduled to speak at BoJ's FinTech Forum tomorrow, and any comment from him is expected to be bearish for Yen.

Technical: Price is expected to test the 38.% fibo level to the upside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.