USDPY - Buy Opportunity
If we look at DXY, we can see that it is currently very bullish. We are expecting moves to the upside. We have an area marked out at the 108.65 level. We are taking entries at current price. We may experience some consolidation at the current price area before seeing that move up. Based on price action, we can see that there is still a majority of buyers within the market.
We are targeting the 110.9 area which gives us a yield of 2.00%.
We are targeting the 110.9 area which gives us a yield of 2.00%.
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