This is a long term call for USDJPY. With the pandemic as the backdrop and inflation as current theme, the only reason for USDJPY to u-turn from the current bullish trend is sovereign default. That is highly improbable given the creative ways to support the economy by allowing central banks to print legal tender notes, making periodic economic-positive announcements, etc. It is highly probable that USDJPY make challenge the recent all-time of 129 within 2022 - 2023
Trade closed: target reached
Nice profit made!
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.
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.