I have looked at my charts and it looks like the yen pairs have formed a recent bottom.
The probability of the YEN pairs going higher is very high, especially with the Bank of Japan monetary policies that wish to support a weak YEN.
A lot of things can change, this is the forex market. But for the last few months, buying the YEN pairs has been very profitable. I think it is a good strategy, I will continue buying the YEN pairs anytime i see a bottom forming. My interest lie in the GBPJPY, EURJPY…
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