USD/JPY Will Reach 110 By Year’s End

USD/JPY has been hovering in a range since the start of this year. But the recent economic data releases point towards a strong US economic recovery which is making USD strong and bullish. Japanese economy has been performing dismally and making JPY weaker. Right now USD/JPY is an ideal trade pairing a strong currency against a weak currency. It is expected that USD/JPY will touch 110.00 level by the end of this year. Get ready for riding a strong uptrend on USD/JPY.

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