USDJPY - The Bulls Are in Control Again
The USDJPY currency pair is in a stable uptrend. The price recently broke above the downtrend line established by the interim price decline from July 2024.
It now looks like “clear skies” for the bulls. We are also trying to participate in the bullish outlook for USDJPY with a long trade. The time horizon for this trade is a few weeks. This is not a problem, as long trades on USDJPY give us a substantial positive swap.
It now looks like “clear skies” for the bulls. We are also trying to participate in the bullish outlook for USDJPY with a long trade. The time horizon for this trade is a few weeks. This is not a problem, as long trades on USDJPY give us a substantial positive swap.
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