goldtradingexpert

USD/JPY Analysis: JPY will be strong against all currencies

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
During the Asian season, Putin ordered to attack Ukraine. Ukraine says that Kyiv is under attack from the cruise and ballistic missiles.

So, safe-haven JPY will dominate all currencies and especially commodities currencies. S0, USD/JPY, AUD/JPY, NZD?JPY and CAD/JPY are at risk of dropping more and more.

So, let's check out my USD/JPY chart.
USD/JPY Sell 114.50
Stop-loss above 116.50
Target zone 1: 112.85
Target Zone 2: 111.00



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