Japanese yen opposite the U.S. dollar can succeed at its bullish trend as we mentioned in the previous idea it was bullish from 144.77 and is now already 147.22 and still running to get 148.73 and 150.07
but it is possible to do a retest till 146.31 and then push up again, for the downside should break 144.77 to stable under it to start the downtrend till 142.10
The main reason for the continued decline of the JPY is that the interest rate in Japan - 0.10%, which is the main reason people do not turn to banks, and the value of the depreciation
In contrast, Japanese people are currently only buying long-term bonds because their interest rates are fixed
That will continue to boost the USDJPY because the JPY has no other option than bonds in the country
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