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brandonmattis
May 16, 2022 3:21 PM

USDJPY (Hedge Idea)  

U.S. Dollar/Japanese YenFXCM

Description

With all financial markets preparing for the upcoming summer rate hikes, I predict markets will consolidate within a larger than usual range presenting great opportunities for investments.


Next Hike: June 15-16, 2022.


Hedge Idea (Scale / Intraday):

Short:
Scale into positions when price breaches 130.000 handle up to the top third end of the range (131.500)

Long:
Scale into positions when price breaches 128.250 handle & below to the bottom end of the range (127.000)


POST FOMC HIKES (Mid-Term Forecast):

LONG

Target Price: 140.000
Target Date: End of July / Beginning of August
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