In the long term, we are expecting an upward trend. After the equilibrium range, and after breaking it, the USD/JPY is taking an increasing trend, the price is going up. So we can say that the buyers are taking control of the market, and it would be better to buy USD/JPY.
However, we could expect a short decreasing path, in the short term, returning to the support of the upward trend/
In general buying USD/JPY would be profitable for long term investment.
However, we could expect a short decreasing path, in the short term, returning to the support of the upward trend/
In general buying USD/JPY would be profitable for long term investment.