Ueda Bank of Japan Governor's remarks push USD/JPY below 157 yen!
Today, following Governor Ueda's remarks, the USD/JPY fell below 157.
On Friday, December 27,Sellthe top signal appeared, but it stayed firm and did not drop at all; rather, it seemed to become more yen-weak until intervention, but it finally started to fall.
This is the most advantageous pattern for this indicator, where the top signal appears in advance and the drop follows after some time, allowing for a comfortable response.
※Before that,Buysignal also worked solidly and rose.
This indicator is not only for FX but also supports Nikkei, Dow, Nasdaq, S&P, gold, crude oil, Bitcoin, and more, so please consider it.
× ![]()