Safe Haven Currency

25 במרץ 2023

If you are in trading for a good 10 years, you would understand the effect of the Safe Haven Currency. I'm waiting for the market to retest at 130.05 for the RSI Divergence on this counter-trend trading setup.

Many traders would see the USDJPY as going on a Bearish movement, but it is merely a retracement.

Furthermore, the Bull run on the USDJPY has not ended, so I'm looking for the opportunity to keep buying the USDJPY trade.