USD/JPY BUY Timeframe: H4 Entry at 133.87 Take profit at 136 | Sunny Mason Trading Central🇨🇭LegacyFX official 🏆
USD/JPY
BUY Timeframe: H4 Entry at 133.87 Take profit at 136.00 Stop loss at 133.27
The divergence between the hawkish U.S. Federal Reserve and the dovish Bank of Japan still remains so the USD/JPY is likely to resume its rally.
The Dollar/Yen is trading sharply higher early Friday after the Bank of Japan (BOJ) maintained its ultra-easy monetary policy stance
Furthermore, the Bank of Japan remains caught in a dilemma. With Japan’s inflation well below that of Western economies, its focus is to support the still-weak economy with low rates. Risk disclosure
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