Up 1,500 Pips! Taking Profits and Reversing for 1,000 More
Anticipating a potential pullback in USD/JPY, driven by signs of yen strength and possible profit-taking in the dollar. Slowing U.S. momentum and global risk aversion could boost the yen, creating a path for USD/JPY to dip toward recent support levels.
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Related publications
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.