USDJPY | Strong JPY | 110.00 – 105.30
- The US designated China as a currency manipulator triggering funds flow into JPY for safety.
- The equity markets have rebounded after falling sharply in prior weeks and JPY has continued to strengthen as Japan buys more US Bonds. A new low formed just above 104.50.
-2ND Key SELL area 110.00/109.50 R50
-1ST Key SELL area 109.00/108.70 R30
- The US designated China as a currency manipulator triggering funds flow into JPY for safety.
- The equity markets have rebounded after falling sharply in prior weeks and JPY has continued to strengthen as Japan buys more US Bonds. A new low formed just above 104.50.
-2ND Key SELL area 110.00/109.50 R50
-1ST Key SELL area 109.00/108.70 R30
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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.