Profitlio_Trading

USDJPY Almost broke the Monthly Structure. Will it Continue?

OANDA:USDJPY   USA-dollar/Japansk yen
Look at the monthly trend line the current candle hammered the trend line so hard. But only thing we need to confirm is where this remain broken or will reject back into the structure. USD getting stronger in this COVID tensions. Earlier today got something related to "Cash is King" money becomes powerful than all assets at the moment. Which means demand for Dollar increases. USD held as the common currency in many countries on all major transactions, debts, payouts etc. So at the moment money circulation is high ( Demand is High ). Understand the market properly and get the things work well. Thank you!

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