Recent stock markets rallies are on the heels tariff optimism. Looking at the market increase and simply the low volume rally in stocks I cannot help but think to think and anticipate some stock market weakness. I'll take a short on USD/JPY to capitalize on this.
Yen will strengthen if stocks start seeing declines.
I like the USD/JPY short here at these levels 111.30-111.50 - Stop Loss above 111.71
Looking for target of 110.69
Yen will strengthen if stocks start seeing declines.
I like the USD/JPY short here at these levels 111.30-111.50 - Stop Loss above 111.71
Looking for target of 110.69