"USD/JPY: Bullish River Continuation"

as we know that Japan's significant debt burden has been a cause for concern, resulting in a weakened currency. Moreover, the recent rise in inflation within Japan, coupled with the continued implementation of negative interest rates by the Bank of Japan and high taxes, has further intensified the challenges faced by investors. In light of these circumstances, it is only natural for investors to seek refuge in safer assets.

Analyzing the USD/JPY price chart, it becomes evident that after a retracement, the currency pair is poised to continue its upward trajectory. Based on my thorough analysis, I anticipate that the price will soon reach my predetermined targets. This bullish momentum suggests that investors may witness favorable gains in the near future. It is crucial for Traders to closely monitor the USD/JPY market and seize potential opportunities presented by this ongoing uptrend.

USDJPY


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Commentaire:

first TP reached