USD has bad news for the economyWell, in this technical analysis, USD/JPY has bad news for economy, I have bad speculate news, also, lets me see in the previously analysis, it's may be a manipulation of institutionals. So, in the simple technical analysis, I see that USD/JPY need to re-entry in short position that need to reach at 0.382% of 0.618% of Fibonacci to entry in short in that zone mentioned and keep my short in longer. So the proyection is big to pick up pips.\
Remember that we are in the ascendent channel bullish, and could be to continue in that range of this channel. Also, the only we need in H1 timeframe is to validated my Fibonacci zone entry in short.
Now, the news are that publish in investing.com, I have a news that Dollar won't help emerging currencies, so, this it's say Barclays. The emerging market currencies will see little reprieve over time even as the reopening global economy eases investor fears and the U.S. Dollar weakens, according to strategist at Barkclays say too.
So, guys, this mean that US Dollar it's going to worthless her value and devaluate, so, the refuge assets as JPY, CHF, XAU and BTC it's can give us a movement bullish in this week. So, this is so what happen in the world. Currencies are devaluated and we enter in the conflicts.
