USDJPY short
Price is expected to get to the valid zone
The chart shows the decline in USD/JPY as a rather small percentage of the larger bullish advance.
Therefore, a lot more is needed before a reversal can seriously be considered – particularly given that US and Japanese interest rate differentials will be increasing.
The chart shows the decline in USD/JPY as a rather small percentage of the larger bullish advance.
Therefore, a lot more is needed before a reversal can seriously be considered – particularly given that US and Japanese interest rate differentials will be increasing.
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