workingtraders
Long

$USDJPY Strength to continue as rate hikes heat up

FX:USDJPY   U.S. Dollar / Japanese Yen
97 3 2


Technical on the chart.

BOJ will continue printing Yen until inflation target hits.
US Sept or Dec hikes are coming much before BOJ hits its inflation target.
Mix data currently but quality is getting better.

I will target the physiological round number 130.


All dips will be bought unless 118 breaks
Hi workingtraders,
Im thinking bearish notion for this pair, for this week and next at least.
Reply
workingtraders PriceActionTrading
fair enough. Data could drive it. Id be a buyer at your target level.
+1 Reply
PriceActionTrading workingtraders
Yes definitely. Will be a buy too if the W1 gets invalidated due to news.
Reply
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