Hi guys! 👋🏻
🔔 The growing number of new Covid-19 infections redound to new public restrictions and State of Emergency declarations in Tokyo, Kyoto, Osaka and Hyogo. There are protest in Japan against the Olympics. Interest rate is still -0.10%
🔔 Japan has the lowest vaccine distribution compared to other countries, thus the rate is 1.6% only compared to the 49.7% in the UK and 41.8% in the US.
🔔 The support of $107.7 is very strong, as you can see on the chart, hence, I believe, we are in the cycle of the uptrend continuation.
🔔 There is a strong resistance at $108.45, to continue upwards, USD/JPY has to close above this level. FOMC statements and key notes will be decisive tomorrow.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 The growing number of new Covid-19 infections redound to new public restrictions and State of Emergency declarations in Tokyo, Kyoto, Osaka and Hyogo. There are protest in Japan against the Olympics. Interest rate is still -0.10%
🔔 Japan has the lowest vaccine distribution compared to other countries, thus the rate is 1.6% only compared to the 49.7% in the UK and 41.8% in the US.
🔔 The support of $107.7 is very strong, as you can see on the chart, hence, I believe, we are in the cycle of the uptrend continuation.
🔔 There is a strong resistance at $108.45, to continue upwards, USD/JPY has to close above this level. FOMC statements and key notes will be decisive tomorrow.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Trade closed: target reached
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
Related publications
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.
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
Related publications
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.