The fall of the Japanese Yen is unstoppable

  • Mar 23 2022
  • by
  • Analyst AZA
The fall of the Japanese Yen is unstoppable

The fall of the Japanese Yen is unstoppable

The growing trend of the USDJPY currency pair in the forex market has been going on for several days. There are no signs of a trend reversal yet. Therefore, it is worth joining the bulls and opening a long position as soon as the price breaks the nearest high.

Symbol: USDJPY
Order Type: Pending Order - Buy Stop
Entry Price at 121.45
Take Profit at 122.00
Pips Earning: 55

Tips on options trading:
EURUSD sell at the price of 1.0960
XAUUSD buy at the price of 1935.00
GBPUSD sell at the price of 1.3215
USDCHF sell at the price of 0.9360

Trade recommendation result.

Trade recommendation result for USDJPY currency pair from AZAforex

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The profit can be $523.81 if the trading volume of 100000 USD (1 Lot).


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