This is a fairly brave position to take, given the USD weakness. The Japanese Central bank will be watching these low levels and formulating a plan on how to combat We are buying at support level with targets at 50% retracement which was a previous supply/demand zone where support turned resistance.
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.