Short term
Buy dip below 112 for 114++ as long as it stays above 109.77
Note
Break above July high. Going straight to target of 114++ first. It can be impulsive wave and extend much higher towards 118 towards year end. Nikkei is still going higher so it can follow like it did the same period last year.Note
Reached target range.See what happens when US employment data is released tomorrow.
The most important data is Average hourly earnings (YoY) .
US10YR yields looks bullish. Short term target is 3.32%,
which indicates USDJPY has more upside.
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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.