The Yen Fights Back

Currency exchange rate board of multiple currencies
Matt Simpson financial analyst
By :  ,  Market Analyst

In today’s video we take a broader view of select JPY crosses, with some appearing on track for form bearish reversal candles heading into the weekend. And that could set the tone for further yen appreciation next week (and mean reversion to take hold). That said, some pairs may be more suitable for bearish setups than others depending on how general appetite for risk plays out over the coming session/s.

 

 

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