USDJPY: Uptrend Remains Intact
Hello everyone!
USD/JPY is finding fresh demand alongside the US Dollar in the Asian session on Thursday. New measures in the Chinese real estate market disappointed and strengthened the safe-haven greenback. The US Retail Sales data will now be in focus, and looks vulnerable.
However, in the short term, with the trend still intact and because of the principle of "trend is your friend", Ben predicts that the price will correct slightly to test the 34 and 89 EMA before continuing to strengthen further in the near term.
What do you think about this major pair today?
USD/JPY is finding fresh demand alongside the US Dollar in the Asian session on Thursday. New measures in the Chinese real estate market disappointed and strengthened the safe-haven greenback. The US Retail Sales data will now be in focus, and looks vulnerable.
However, in the short term, with the trend still intact and because of the principle of "trend is your friend", Ben predicts that the price will correct slightly to test the 34 and 89 EMA before continuing to strengthen further in the near term.
What do you think about this major pair today?
Сделка активна
NiceСделка закрыта: достигнута тейк-профит цена
nice
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Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.