BUY USDJPY now 147.200-147.000
↠ Stoploss 146.800
→Take Profit 1 147.500
→Take Profit 2 148.200
Japanese Yen remains tepid as US Dollar advances due to diminished bets of Fed rate cuts
The Japanese Yen declines due to low trading as traders observe the Mountain Day holiday in Japan. The US Dollar receives support due to diminished odds of Fed rate cuts following last week’s upbeat US data. Safe-haven flows may limit the downside of the JPY amid increased geopolitical tensions.
↠ Stoploss 146.800
→Take Profit 1 147.500
→Take Profit 2 148.200
Japanese Yen remains tepid as US Dollar advances due to diminished bets of Fed rate cuts
The Japanese Yen declines due to low trading as traders observe the Mountain Day holiday in Japan. The US Dollar receives support due to diminished odds of Fed rate cuts following last week’s upbeat US data. Safe-haven flows may limit the downside of the JPY amid increased geopolitical tensions.
Note
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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.