JoeChampion

USDJPY: are we targeting more highs with USD strength?

Lång
FX:USDJPY   USA-dollar/Japansk yen
Hey Traders, the last week USD data were all positive including NFP, Retails sales and other news as well which signal more pressure of rate hikes... we've noticed the last week that USD was outperforming major currencies but in Friday we had sort of a correction. how can we explain that? Simply just traders taking profits from their USD longs before market close in Friday and prior to US bank holiday in Monday. so if we notice some of a bullish price action around 134 align with good fundamentals we will think of taking this trade. otherwise of a breakout we will be monitoring other zones!
Trade safe, Joe.

Join our telegram Channel for daily market updates t.me/JoeChampionChannel
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.