The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Summary: USDJPY could see new highs north of 120.00 on a pronounced break through 115.00.
Instrument: USDJPY
Price Target: 116.00, 117.00, 120.00
Market Price: 113.04
Entry: 112.78
Stop: n/a
Target: 116.00-117.00
Time Horizon: One to three months