Trade Idea: USD vs JPY
Trade Idea:
$USD/JPY
Buy Level @ 140.57 (Current Price)
Stop @ 135.00
Take Profit
Target 1: 145
Target 2: 147
Comments: There is no stopping the run that USD/JPY and it seems that 148 is a price magnet, as it was an important high in 1998.
USDJPY Weekly Chart
Why the Yen Is So Weak and What That Means for Japan
1. Why is the yen so weak?
The biggest reason is th…