HiWayFX
Broker Representative
The Yen will be at 117.50 to the Dollar.
Then Bank of Japan is Throwing Trillions of Yen out of the Back of a Truck!
That illustration is not completely inaccurate, although exaggerated. What we want to do atHiWayFX is to give the retail Forex client a sense of just why it is so dangerous and bad for one's health to short the USD/JPY at the moment.
The Technical Picture
How drastic will the rise of USD/JPY be? Our view is that 117.75 is a good medium-term target, and something to focus on while buying dips and selling rips in the USD/JPY.
For more information, please visit: https://www.hiwayfx.com/market-news...750-dollar
Thank you.
Then Bank of Japan is Throwing Trillions of Yen out of the Back of a Truck!
That illustration is not completely inaccurate, although exaggerated. What we want to do atHiWayFX is to give the retail Forex client a sense of just why it is so dangerous and bad for one's health to short the USD/JPY at the moment.
The Technical Picture
How drastic will the rise of USD/JPY be? Our view is that 117.75 is a good medium-term target, and something to focus on while buying dips and selling rips in the USD/JPY.
For more information, please visit: https://www.hiwayfx.com/market-news...750-dollar
Thank you.