USDJPY has completed bullish wedge pattern, and the price is rising again.
It seems the market intially overreached to the BOJS comment about rate hike pushing the price down to many pips too Quickly
However, its worth noting that the market may remember the BOJS inconsistency in their statements and their frequent failure to keep promises
This week the focus shifts to the ADP and NFP Data which could potentially boost the Us Dollar.
It seems the market intially overreached to the BOJS comment about rate hike pushing the price down to many pips too Quickly
However, its worth noting that the market may remember the BOJS inconsistency in their statements and their frequent failure to keep promises
This week the focus shifts to the ADP and NFP Data which could potentially boost the Us Dollar.
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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.