JinDao_Tai

In the event of a stronger USD....USDJPY

Short
JinDao_Tai Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
In the event of a stronger USD, a contradictory move in the USDJPY is expected.
We see strength in the Yen as BoJ reduces bond purchases, giving hint to a scaling back of its massive monetary stimulus program (stealth tapering)
Trade closed: target reached

Free trading community: discord.gg/kPDXU2ZaDt
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.