Get started
ForexClub_pl

USDJPY Longs in play with US yields support

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ForexClub_pl  
FX:USDJPY   U.S. Dollar / Japanese Yen
Beyond Technical Analysis USDJPY yields dollar boj fed Forex fxtrading
3
0
beyondta usdjpy yields dollar boj fed forex fxtrading
Hi,

a firm return from below 103.50 thanks to rising yiekds is not complete in our opinion
The combination of 'fast money' and more short squeeze can push price higher towards 107+

Risk factor: yields / market sentiment

Looking to buy on dips towards 105 and 104.4

Stop below 103.60

Target 107.20 / 30

OR

Buy on the break of 105.60 (on the retest)

Stop under 105.20

Target 107.20 / 30

Good Luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.