USD/JPY: 1H chart
Asian currencies has been very weak with the expected adverse effect of the US election result, on top of the already weak global production activities. This trend would not be reverted in a short time, a.k.a., it would go through during this winter. However, in the next few days I would bet some additional momentum building at 110.50 ~ 111.00, before it resumes the upward trend.
Asian currencies has been very weak with the expected adverse effect of the US election result, on top of the already weak global production activities. This trend would not be reverted in a short time, a.k.a., it would go through during this winter. However, in the next few days I would bet some additional momentum building at 110.50 ~ 111.00, before it resumes the upward trend.