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RedridgeCapital

Bank of Japan is not able to defend the Yen

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RedridgeCapital  
FX:USDJPY   U.S. Dollar / Japanese Yen
Beyond Technical Analysis
3
1
beyondta
The second week of April will go down as a pivotal time in the history of financial markets. Specifically, the moment when the market realized that the Federal Reserve might end up hiking instead of cutting.

Dont let it fool you, the BoJ is not capable of defending the yen now. Next stop is at 162+
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