USDJPY The 600 pips Move

٢٥ أغسطس ٢٠٢٢

Since DXY is retracing to fair Value in order to rally meaning a short term weakness in the USD and strength in foreign Currencies.

I expect USDJPY to drop to the area of institutional buying which will lead to a 600 pips rally to 140.00 as target.

I got my eyes on DXY as my confirmation for entry.