For weeks, the USD/JPY pair had been coiled like a spring, trapped in a tight range. The market was evenly split. Half the trading forums screamed to buy the dollar, citing relentless inflation. The other half urged everyone to sell, betting the Bank of Japan would finally intervene to strengthen the yen.
Set at 153.80. A drop below this would signal a massive yen rally. usd jpy buy or sell
Kenji’s cursor hovered over the trading platform. He had two pending orders set. For weeks, the USD/JPY pair had been coiled
"Buy or sell, buy or sell," he whispered to himself, the mantra of every trader caught in the headlights of volatility. The other half urged everyone to sell, betting
His heart hammered against his ribs. Forex trading was often called a game of patience, but in the minutes before a major news release, it felt more like waiting for a bomb to detonate. He refreshed his news feed. Five minutes to go.