USDJPY: Get Ready For The Next Move

KlejdiCuni Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY: Get Ready For The Next Move

USDJPY is close to one for the strongest resistance area 151.80

This is a critical area and we have seen price reactions over the last few months.

USDJPY is likely to begin the next bearish move.

The only question is when will it happen?

We all know the critical position Japan's economy is facing because of the BOJ has done nothing so far.

However, let's see. The bearish movement can happen regardless of their decisions related to the interest rates and monetary policy statement.

You may find more details in the chart!
Thank you and Good Luck!

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