ninasimone

Yen going to rebound?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
1
Last week the USD/JPY pair again managed to reach local highs, after which it suddenly turned bearish and fast gave up 500 points within several hours. Despite this I still expect the pair to advance up to 10-year lows, and for this reason any breach of the closest high will give a chance to launch long positions.

My forecast participates in the Market Forecaster contest. Follow the link
s30878714730.whotrad...com/blog/43910115674
to vote for it and help me win the top prize. Thank you.
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.