I initiated a long position on USDJPY as a result of Powell's speech on Friday, which increased the likelihood of the Fed raising interest rates if necessary. This should further appreciate the dollar and sustain its existing uptrend.
Trade closed manually
I had to close my trade due to the negative consumer confidence.
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.