Price has broken up a year long downward channel with supporting fundamental factors, that is, BOJ considering buying overseas bonds "if that is not regarded as FX intervention" this is extremely JPY bearish (buy the rumor at least).
Also US economic data showing strength and we'll have another hike the coming Dec.
If NFP tomorrow provided chance I will go long USDJPY.
And at the same time, not dare to long JPY against any.
Also US economic data showing strength and we'll have another hike the coming Dec.
If NFP tomorrow provided chance I will go long USDJPY.
And at the same time, not dare to long JPY against any.
