Preliminary Squeeze On [USD/JPY] Long
My conclusion is as stated; however, new lows will be created before upside movement. Taking out all the late Sellers for the eventual rejection. In the coming weeks JPY is expected to lose some value to substitute USD Strength to test Dynamic Resistance.
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.