JoeChampion

USDJPY Potential Upsides

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hey Traders, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 137.300 support and resistance zone. Fundamentally Inflation is still a concern in the US, multiple feds have indicated that Powell still has more work to do and still have to opt for more rate hikes which should trigger USD strength.
Trade safe, Joe.

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