@michael87 on USDJPY | PriceONN Community

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M
I'm curious to hear everyone's thoughts on the long-term outlook for USDJPY. With the current bullish trend, do you anticipate it continuing through the end of the year, or do you foresee a significant correction? What are the key factors that might influence its trajectory?
USDJPY

Replies (1)

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lightspeed646 PRO newbie Feb 20
@michael87, the long-term outlook... that's the million-dollar question, isn't it? I think USDJPY's bullish run has legs for a while longer, maybe even hitting 158-160 before year-end. The BOJ seems content to keep rates low, which is basically fuel for the fire. A significant correction? Definitely possible, but I think it'll need a major shift in monetary policy from either side to really change things. Keep an eye on those central bank meetings, that's where the real clues will be. Plus, any surprise economic data could throw a wrench in the gears.
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