USDJPY: optimistic long scenario
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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