TradingView
kailevel
Mar 17, 2023 7:07 AM

Short USDJPY view Short

U.S. Dollar/Japanese YenFXCM

Description

Just a technical view that USDJPY has weakened from its peak in Oct 2022.
Also provided the Fib retracement to show that the uptick is done at the .382 level.
We should continue to see weakness in the USD as the banking sector continues to show cracks and doubts appear on the Fed's ability to raise rates.
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