U.S. Dollar / Japanese Yen
Updated

How To Trade Yen Pairs Amid Changing Sentiment

92
Yens have imploded post US CPI data, with no clear BOJ/ Japanese Government intervention.

Likely we will see this unfold in Market Sentiment news upcoming.

It's important to understand whether this will be a short or long term effect, and potential levels to trade it.
Note
Supply fading post news sentiment influx. Would not be surprised if upside drift continues before further moves.
Note
Further short side impetus coming. AVOID if not comfortable. May see further legs down on any intervention.

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