shauryasinghrathore419

A clear opprtunity to SHORT USD/JPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
there are a lot of reasons behidn this conclusion many people from gold sachs have also this in their previous interviews that the levels at which japense yen is currently standing are obnoxiously high , it has been over valued by around 30% against the USD and the BOJ and ministry of finanace has also said that the situation is beign monitred by the them very closely . as if the exporters have to pay too much for the RAW material then they wouldnt not be able to make profits from the low values of YEN .
by this i can say very coreectly that USD/JPY is going to fall for a very quick testing price .
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.