USDJPY crash finally inevitable
Updated
Major pairs USDCAD, USDCHF, GBPUSD, EURUSD, AUDUSD & NZDUSD are syncing up with CADJPY, CHFJPY, GBPJPY, EURJPY, AUDJPY & NZDJPY at the moment of writing. At the center sits UJ ready to drop endlessly into the Abyss. It will lift USDJPY to the price level of one of the others mentioned before and than crash down immediately.
Good news for UJ bulls is that I expect a power run for USD till June right after.
Good news for UJ bulls is that I expect a power run for USD till June right after.
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Comment
I see I never updated this trade. My apologies for those who followed up and held on to it. I trust you adhere to sound risk management practices. In the meantime have a look at this market correlation overview tradingview.com/chart/gAMsy1vW/Related publications
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