Preferred direction: BUY
Comment: How it happens lately, the Japanese yen stands out among all its main competitors (majors), and here we continue to expect the price to approach the level of 150. There are no specific entry points now, so we identify this transaction as a medium-term one. Due to the economic situation in Japan, it is very likely that this year it is unlikely that anything will change in favor of the yen and the growth of this pair will continue. It is mainly expected that the instrument will trade near and above the 150 level.
Thank you for like and share your views!
Comment: How it happens lately, the Japanese yen stands out among all its main competitors (majors), and here we continue to expect the price to approach the level of 150. There are no specific entry points now, so we identify this transaction as a medium-term one. Due to the economic situation in Japan, it is very likely that this year it is unlikely that anything will change in favor of the yen and the growth of this pair will continue. It is mainly expected that the instrument will trade near and above the 150 level.
Thank you for like and share your views!
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