Slow market isn’t it?
Anyway, last week I mentioned that I will only look for long opportunities on the USDJPY, and here are the levels that the market needs to break in order to start looking for long opportunities:
By the way, did you see what the minister of finance of Japan said (I quote): “I have become more concerned about the worsening of the yen’s one-sided movements. I will take bold action if necessary and won’t rule out any possible options”.
Scary isn’t it?
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Tags: USDJPY Analysis