usd/jpy safe have to 111.000
When there is uncertainty around the wordl people tend to use their money into safe havens like eur/jpy and usd/jpy
I think it's a nice oppurtunity to trade on this pair because also there will probably be a fed cut, so people can put their money on safe havens.
Don't put your money when there will be a recession in US because this won't work as hard as gold do. during finacial crisis usd/jpy en eur/jpy like in 2008 falls heavily.
Have a nice tradiing week and use always demo before you trade in real account and with small lots.
I think it's a nice oppurtunity to trade on this pair because also there will probably be a fed cut, so people can put their money on safe havens.
Don't put your money when there will be a recession in US because this won't work as hard as gold do. during finacial crisis usd/jpy en eur/jpy like in 2008 falls heavily.
Have a nice tradiing week and use always demo before you trade in real account and with small lots.
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