Being long bias on WTI It's only right for me to lean the same direction on USDJPY
Reason being JPY is net oil importer meaning when oil prices low, JPY benefits. As oil prices rise then,, you get the point.
IF High oil prices high USDJPY!
Have to wait to see what WTI does this week
Thoughts?
Reason being JPY is net oil importer meaning when oil prices low, JPY benefits. As oil prices rise then,, you get the point.
IF High oil prices high USDJPY!
Have to wait to see what WTI does this week
Thoughts?
Note
Strongly believe 116 is right around the corner for UJDisclaimer
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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.