As in my previous post, my analysis is based on two factors:
1. DOLLAR INDEX has to correct itself up, which means major USD peers should weaken
2. USDJPY is forming a corrective pattern under the trendline. If it breaks up, it will be a perfect chance to buy.
1. DOLLAR INDEX has to correct itself up, which means major USD peers should weaken
2. USDJPY is forming a corrective pattern under the trendline. If it breaks up, it will be a perfect chance to buy.
Note
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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.