Few months ago I published this chart.
Black trendline shows parabolic divergence of USDJPY since YCC start. Trend has been quite close until first high, then BoJ open market operations moved it down a bit.
Grey trendline was my hypothesis in case of BoJ intevention, so grey line is the new reference. Here we are.
Good luck BoJ
Black trendline shows parabolic divergence of USDJPY since YCC start. Trend has been quite close until first high, then BoJ open market operations moved it down a bit.
Grey trendline was my hypothesis in case of BoJ intevention, so grey line is the new reference. Here we are.
Good luck BoJ
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Disclaimer
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.