thdehddns

USDJPY-Monthly-Bullish Trend, but oversold condition

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FX:USDJPY   米ドル/円
Hello Guys,

USD is super dollar in the world, because FED keeps increasing Interest Rate to make Inflation down in USA.
USA is still good unemployment, I think Next Year expecting De-stagflation. World Economics will be the worst of the worst. So, USD is showed so strong, If De-Stagflation starts next year, FED will make Interest Rate down temporary.
Current Market is oversold condition, but there is no any bearish sign. a little bit down and keep bullish more until next year?

I hope use just reference for your trading future.

I prefer short because oversold condition. If you see a bearish candle in weekly or monthly like bearish Doji and Bearish Morning Star, it will drop a big.

Just wait until seeing the Bearish Doji or Bearish Morning Star.
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