JPY has been gaining for unknown reasons. just to much hype to its statements & its economy doesn't back up its recent gains according 2 some BOJ official.. I expect this pair 2 rise at some point.
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just bought.
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Exited with + 135 pips.. will be looking 2 buy back in after Jpy Current account
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bought back at 84.7
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top chart, 1st one. Price got rejected by the blue line. -JPY- news next week is bad so it be good 2 buy this if your not in it. also oil has been going up.
jpy is a major exporter & higher oil prices is bad for JPY in the long run