The Japanese yen is presenting an optimal trading opportunity.
As evident to all, the Bank of Japan has set its tactical defense at 160:1 against the dollar. Starting from July 9, 2024, we've detected directional capital flows, signaling the medium to long-term trading opportunities we anticipated. We expect the USD/JPY exchange rate to drop to 138:1 by the end of the year.
Trade active
You can initiate a short position at the current USD/JPY rate of 158.68. This presents a unique trading opportunity.Trade active
I expect the USD/JPY exchange rate to experience a bounce at the 143 level.
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