USDJPY trade in range as stock pull back
Updated
Investors on street are waiting for next direction of stock market after 2 massive week correction, selling momentum paused as SPX index found a key support at MA50 area. USDJPY may trade in range this week by mixed US CPI data and Trump's budget blueprint including infrastructure upgrades.
Trading strategies:
Go long USDJPY for short-term target at 110, stop loss at 108.18
Trading strategies:
Go long USDJPY for short-term target at 110, stop loss at 108.18
Trade closed: stop reached
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