Yen Basket

JPY ( YEN )BASKET FORECAST Q2 W18 Y25

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JPY ( YEN )BASKET FORECAST Q2 W18 Y25

Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.

Let’s see what price action is telling us today!

✅The JPY Basket trackS the overall strength of the JPY against a weighted average of other currencies. 
✅It can be used as an indicator of YEN strength which can be a tool for analysing and potentially hedging for or against the Index.
✅ Pairs to watch - GBPJPY, USDJPY EURJPY, CADJPY, AUDJPY


🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.

📈The rest, we leave to the balance of probabilities.

💡Fail to plan. Plan to fail.
🏆It has always been that simple.

❤️Good luck with your trading journey, I shall see you at the very top.

🎯Trade consistent, FRGNT X

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