piptank

Japan fight #deflation by raising its monetary base #BOJ #forex

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
I'm very bullish on that pair. Why?
Bank of Japan decided to add another QE program to fight deflation.
They will make extra asset purchases by an additional 10-20 trillion yen.
Japan's unemployment rate increased to 3.6 percent from 3.5 in September.
The trade gap is increased and Inflation Rate is at 6-Month Low.
SL108
T1 120
T2 125

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