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Buy U.S. Dollar for fundamental analysis

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
U.S. Dollar it's show this week a strenghten of the value, well, this par it's show a great opportunity of 150 pips

Today, we have an economic calendar about the Bank of Japan metting today about the policy monetary, and well, I dont's surprise that Japan is ok in aspect of the economy, but remember that Forex it's manipulated by institutionals, we need to know the exact point to the news of it of 3 bulls and important that move this par.


We are forming this bearish channel, but this week investor are buying U.S. Dollar.

Also, in H1 we forming a bearish rising wedge, but remember that we buying U.S. Dollar, also, I don't reccomend to sell U.S. Dollar because we are trade in the speculate news.

Fundamental Keys:

1. Dollar gains as safe haven; Yuan retains strenght
2. Surging dollar holds near six-week high as virus fears return
3. A resurgent dollar held on to over-night gains on Tuesday after virus fears and worries about the U.S. stimulus drove a wave of selling in just about everything else.
4. Trup says aides rejected his request to adjust value of the American currency.
5. Dollar Up, clings to gains over covid-19 and U.S. stimulus impact on the U.S. economy.


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