Hey Traders, USDJPY was trading in a downtrend and successfully managed to break it out after some hawkish comments from fed Waller about inflations concerns and there's still more work to do from Fed Powell so the market is pricing another 25 bps rate hike which had triggered Dollar strength.
Technically we will watching a potential retrace of the trend from 133 zone.
Trade safe, Joe.
Technically we will watching a potential retrace of the trend from 133 zone.
Trade safe, Joe.