#JPY targets <100 in the next 2 years

Viés de alta

Dólar Americano/Iene Japonês (FX:USDJPY)

FX:USDJPY Dólar Americano/Iene Japonês

trendline elliottwaves japaneseyen jpyusd jpy

Japanese yen is expected to appreciate in the next years, according to my TA (please see the chart.)
100 level, as expected, is a very strong support line but JPYUSD will try to breach this zone once again, like it did in 2016.
For the near future, the currency seems to appreciate against the US dollar.
Currently, JPYUSD is in an ABC correction. This year will be a strong correction year.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.