USDJPY Daily Analysis Short
U.S. DOLLAR / JAPANESE YENICE
Description
⋅ There is exactly one week left until the US elections. At the same time, cases of coronavirus are on the rise around the world.
Uncertainty about these factors implies seeking safe haven. And one such asset is JPY.
Technically, it also looks good, as after the Head-and-shoulders formation the final goal has not been reached.
The current break of the upward movement gives a good opportunity to continue the movement.
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