raczek
Short

USDJPY about to crash badly

FX:USDJPY   U.S. Dollar/Japanese Yen
120 0 0
The recent rise of USDJPY             shows many signs of a bubble. Speculative drive seems to ignore all kinds of alerts coming from Japan economy. Japanese central bank is playing with fire, loosing control. A closer look on technicals may help to find the stop for this madness. The reversal could be very sharp, so that long time trend started in 2012 should be broken down.

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