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Analog of USDJPY Net Longs Breakdown

by Ashraf Laidi
Feb 27, 2021 1:00

The prolonged ascent in USDJPY remains fortified by the technical breakdown in net JPY futures longs (inversely related with USDJPY pair) shown in this striking analog from Q4 2016. See also how we consistently informed our WhatsApp Broadcast Group we went long on Jan 11th (upper right figure) at 104.20s, followed by February 5th, February 11th, until yesterday (Feb 27th). 107.30 is the next logical destination. للتفسير بالعربي الرجاء استماع الرسالة الصوتية في قناتي تلغرام

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Analog of USDJPY Net Longs Breakdown - Usdjpy Net Longs Feb 27 2021 (Chart 1)

 

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