USDJPY: Above 110.30 Price on Bullish Sentiment
The current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.
The current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.
The combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.
When a big move happens in markets, it’s often hard to make sense of it. That’s when traders can benefit from looking to longer-term charts that can clarify the outlook.