USD and JPY in complicated relationship

2019-11-21 02:04:33

US Dollar - Japanese Yen currency pier now trading at 108.64, around 0.50 level of last months Fibonacci and price has crossed L1 trendline. USD seems bullish until the end of this week, also do not forget trade balance of Japan was announced -0.03T versus -0.06T of previous month. But it will be smart to wait FOMC meeting today, before you will make decision.