Usd/Jpy
While using the Ichimoku Thunder & Lighting strategy we see Uj has had a super bullish run. Looking at the trend channel connected to the thunder Kumo (cloud ) we see on the daily timeframe UJ broke the channel after a minor pullback. I'll wait and see how the daily candle forms going into this week before taking any buys. With the dollar being being a safe haven we could see a sight pull back before more bullish movement. But keep an eye on the 109.450 zone its a key reversal point from June 4th, 2020.
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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.