It is hard to find the right words to describe the importance of the coming weeks for USDJPY. We have reached an area where major moves have begun in the past and quite likely, it will be the same this time.
Right now it is almost impossible to say which direction will be the right one but we should see a solution very-very soon. At current levels it would be wiser to trade for short-term targets to make sure that if you end up on the wrong side of the market, your losses will be limited.
Right now it is almost impossible to say which direction will be the right one but we should see a solution very-very soon. At current levels it would be wiser to trade for short-term targets to make sure that if you end up on the wrong side of the market, your losses will be limited.