Note

Clear bullish on UJ pair

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The latest optimism over a potential vaccine and treatment for the highly contagious coronavirus disease remained supportive of the upbeat market mood. US bond yields provided an additional boost and remained supportive.On technical view it look promising in upside territory.. #USD/JPY#


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Rising US Treasury bond yields help USD/JPY erase early losses. US Dollar Index stays in red below 92.00 ahead of US PMI data.
USD/JPY now leaning towards short position as US Dollar continues to drift lower
Congrats to you! Good to see. Btw, how long do you think the bullish trend will continue...been monitoring this pair for a bit too!
@Kimlove:not sure how long but based on analysis its still on bull.. my target is 106.500

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