Hello traders ,what do you think about USDJPY? Last week, with the news from the Bank of Japan about the change in the expansionary policies, the yen became extremely strong, and this currency pair fell to the 142 zone, and the price closed below the upward trend line.
It is expected to fall to lower levels after the pullback to the broken level. It is better to wait until the release of the US inflation data tomorrow to enter this currency pair if the inflation data is released less than expected. It can help this currency pair fall further
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It is expected to fall to lower levels after the pullback to the broken level. It is better to wait until the release of the US inflation data tomorrow to enter this currency pair if the inflation data is released less than expected. It can help this currency pair fall further
If this post was useful to you, do not forget to like and comment.❤️
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