RaynLim

USDJPY - Weekly Market Analysis - October 2018, Wk 3

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has a major retrace last week and this could be the result of President Donald Trump shared on Social Media that the Fed has gone crazy in, increasing the interest rate;
OR
it could be just the market retracement.

In anyway, the retracement is well supported at the previous resistance area, let's see how market forms up.

USDJPY on the Daily Chart remains Bullish.

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