Whether it’s early in 2020 or later, USD/JPY is setting up for a big move


USD/JPY technical analysis

It’s the best time of year to zoom out and look at the long-term charts. USD/JPY is indicative of the broader trend of falling volatility and tighter ranges.

When this breaks, it’s not going to be 200-300 pips, it will be much more.

USD/JPY technical analysis

The dollar bears are coming out of hibernation at the moment and you can see the argument for why a break lower would be coming. At some point there is going to be a bear market in equities and money will fly to the yen.

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