Bullish Outlook on USD/JPY: Strong USD and Market Optimism
Following my previous analysis, I believe USD/JPY has strong bullish potential. With Trump’s election win and renewed market optimism, we’re seeing increased confidence in the USD. As risk appetite grows, investors are moving away from safe havens like gold, which has been losing momentum, and are putting their money back into the markets. This shift, combined with expectations for a stronger dollar, could create a solid uptrend for USD/JPY. As the USD strengthens, we might see higher highs in this pair in the near term.
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