Failed Breakout in Nikkei
Nikkei going lower. Yen going higher. BOJ just can't seem to push inflation expectations higher. Will need a paradigm shift to force the Yen lower and we just aren't there yet. Till that happens and it will happen, the Yen will strengthen and the Nikkei will fall.
Order cancelled
That's a real break out folks! Time to short Yen and long Nikkei for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.