The Japanese Yen (JPY) is going for updating its year’s minimum.
There’s no secret for experienced traders that the Japanese Yen strengthens against the US dollar from December to January for several years in a row.
Larson&Holz analysts recommend selling USD/JPY in medium-term perspective, until it reaches the year’s minimum.
Recommendation: Short on D1 graph for the market price, aiming at USD/JPY 107.000