benny_marshall

USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS

FX:USDJPY   U.S. Dollar / Japanese Yen
#USDJPY

- By this time USDJPY was very well BUY with US DATA being POSITIVE. So the JPY automatically went down. The other reason is that MARKET RISK is OFF.

- At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to the USDJPY ANALYSIS we gave earlier, the USDJPY UPSIDE WAVE is going UP around 90 ++ PIPS. I hope you get it.

- There is definitely a high possibility that USDJPY will go down a bit and move to 137.375 LEVEL. The reason for that is because the MARKETS RISK is already on, so it can happen. After that USDJPY price can go up to 141.798 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT.

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