BULLISH momentum continues.
USD/JPY Has broken 125
The 125 level is of course a large, round, psychologically significant number, and breaking above there is of course a good sign. Ultimately, I believe that this market is heading to the 130 level, which is the next large, round, psychologically significant number. It isn’t necessarily going to happen overnight, but I do believe that it is a longer-term target as the market should continue to find buyers every time it dips. I'm extremely bullish of this pair.
Look for buying opportunities on pullbacks.
The 125 level is of course a large, round, psychologically significant number, and breaking above there is of course a good sign. Ultimately, I believe that this market is heading to the 130 level, which is the next large, round, psychologically significant number. It isn’t necessarily going to happen overnight, but I do believe that it is a longer-term target as the market should continue to find buyers every time it dips. I'm extremely bullish of this pair.
Look for buying opportunities on pullbacks.
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