USDJPY about to crash badly
The recent rise of USDJPY shows many signs of a bubble. Speculative drive seems to ignore all kinds of alerts coming from Japan economy. Japanese central bank is playing with fire, loosing control. A closer look on technicals may help to find the stop for this madness. The reversal could be very sharp, so that long time trend started in 2012 should be broken down.
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.