Predictindex

Bearish Continues With JPY Pairs

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
4
Not going to talk about why so many investors are buying JPY as we all know what the global economy is doing .

Yet, there is no way a price will keep failing unless there are some major events happen, something like Brexit or War.Thus , base on the time frame and technically analyze , the good buying opportunity is shown in the orange area .

Note: If the price keeps above 100.711 in the next few days , then I believe that's the turning point of JPY pairs
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