TradingView
UrbanGeniusOfficial
Apr 16, 2019 9:04 AM

Seems like the greenback will be heading down! Short

USD/JPYOANDA

Description

They always say nothing good seems to ever last forever. This is also apparently true in the currency world as well. The green back USDJPY pair has been held strong due to the strength of the DXY(USD) but due to inflation the fall of the DXY(USD) is inevitable, and unavoidable.

Here my long term technical analysis illustrates that over the course of the next 16 weeks we are in for a decline in the value of the USDJPY trading pair. I am expecting that today 4/16/2019 will be the beginning of that declination.

Take a look at my illustration and give me your feedback
More