Due to fear around coronavirus japanese yen as safe-haven currency is strengthening...
...however Japanese economy is technically in recession and USDJPY has been moving north.
Entering the market between 110.1-109.23 price zone with 113 T/P level provides decent opportunity for joining bulls.
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...however Japanese economy is technically in recession and USDJPY has been moving north.
Entering the market between 110.1-109.23 price zone with 113 T/P level provides decent opportunity for joining bulls.
//
Feel free to share your opinion/position via comment and follow me to stay updated.
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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.
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.