Wheelty

USDJPY short term downside before upside

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
7
BoJ's policy announcement (last for the year) may see USDJPY fall momentarily before resuming its strong uptrend.

No reason for bearish sentiment for the USD, now that the Fed has raised rates and is hawkish about their stance next year.
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.