[Inside Forex] Is USDJPY Headed for 160+
With USDJPY trading at levels not seen in over 30 years, trying to forecast a top in this pair seems more guesswork than science. However, with that said, one of our long-time and highly respected forex forum members has a view and a reason why USDJPY is headed higher. However, note his warning to day traders as fx movements are rarely a one-way street.swissNo question at least in my mind that usd/jpy is totally on track for at least 165. Maybe. That said, if you have to pay attention to daily p/l swings you can't enter indiscriminately at any level. Duh, right?. If you can, no worries. In time it will get there. Why? 1. Monthly chart long
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