$USDJPY YEN rollover Q2! LONG YENThis is not a test!!!
Yen is going to gain maximum strength in the next 90 days during the 2nd QTR.
I cannot legally say as to why but the hunch is strong. Looking for a soft rollover to close the month around 130 flat (3/31/23)
Q2 2022 we saw a major short begin on Yen pairs (USDJPY 122-150!)
We are now seeing the retracing PLUS to create a very strong Japanese economy.
THIS SHORT CAN GO ALL THE WAY TO 115! That is how overbought UJ is as a pair.
The Weekly + monthly shows this slow retrace gaining traction.
My FAV is USDJPY and GBPJPY both looking to short.
130.4 is a good entry to prepare for Q2. This can be volatile as many US trading platforms heavily short Yen as a makeshift safe haven.
133.5 can invalidate this short sell.
TP1: 125.1
TP2: 122.1
TP3: 117.2
****NOT FINANCIAL ADVICE****
