Price currently retraced to a pullback resistance providing us with a potential sell opportunity. We anticipate a drop in price from the current price.
Fundamentally JPY being the regional safe haven currency has performed over 5.8% increase against dollar this year. The current trade war between US & China might make it possible for JPY to perform more efficiently against USD. and also, the BoJ interested rate remain unchanged.
Fundamentally JPY being the regional safe haven currency has performed over 5.8% increase against dollar this year. The current trade war between US & China might make it possible for JPY to perform more efficiently against USD. and also, the BoJ interested rate remain unchanged.
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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.