ridethepig

USDJPY Positioning for Sept Hikes

FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
=> The USDJPY has remained in bid after holding this uptrend since the first quarter
=> Here we are expecting a move back into the 61.8% retracement towards 111.7x
=> Anything above the 111.83 levels would unlock the highs of 2016/18
=> Dollar hikes in September will be the mover and shaker here and set the tone for the remainder of the year
=> Best of luck to all in positions, we are remaining sidelined here till later in the month

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