YEN INDEX, touch the support and prepare for long after CPI data, supported by yesterday BOJ announcements as the new governor of Kazuo Ueda.
The new governor declare a change in policy must be done and is know as not a supporter of ultralose policy.
After CPI data i am expected USDJPY to fall hard, targets 129/127/125 and even turn back is it hope as in next BOJ meeting in 3 march to be a change in tone and maybe in policy too.
The new governor declare a change in policy must be done and is know as not a supporter of ultralose policy.
After CPI data i am expected USDJPY to fall hard, targets 129/127/125 and even turn back is it hope as in next BOJ meeting in 3 march to be a change in tone and maybe in policy too.
Trade active
Note
CJ touch resistence, if break above due the very good dat in Canada will wait for march
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i am not expected as first to make brkdown to be AJ but we willl see soon all to follow in special UJNote
Yen index well prepared for a nice move up.
twitter @mihaipetrea6
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twitter @mihaipetrea6
telegram:@learntotrade20
telegram:@learntotrade20
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.