The Japanese Yen is falling like a stone into the abyss

  • Oct 11 2021
  • by
  • Analyst AZA
The Japanese Yen is falling like a stone into the abyss

The Japanese Yen is falling like a stone into the abyss

The Japanese Yen is rapidly losing its position in the Forex market. The USDJPY currency pair skyrocketed after the start of trading. The growing trend is only accelerating by the minute. There is over 100 pips potential for the price to rise to the next resistance level. Therefore, traders should hurry up to have time to join the bulls and open a position.

Symbol: USDJPY
Order Type: Pending Order - Buy Stop
Entry Price at 113.30
Take Profit at 114.00
Pips Earning: 70

Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1585
BTCUSD buy at the price of 57800.00
GBPUSD buy at the price of 1.3655
USDCHF sell at the price of 0.9245

The result of a trade recommendation.

The result of a trade recommendation.

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The profit can be $666.67 if the trading volume of 100000 USD (1 Lot).
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