Week 4 2020 - USDJPY

Hi traders,

The USDJPY has shown strong resilience to uncertainty and bearishness in the market; this is a long only asset in my eyes. We identified a potential range which we saw price break out of, any pullbacks on this asset is a buy. Pullbacks can be quite strong so wait for some buying confirmation before taking a long position.

all the best,
Aardall