USDJPY reached +550 points after breakout in descending channel

While, USDJPY breaking the top zone of the Descending channel, Buy signal is given. 

USDJPY reached the take profit successfully.

usdjpy reach 550 points profit

USD is getting fundamentally strong for making technical corrections in the market.

Reports of coronavirus cases decline in the US strengthening confidence, the pandemic is come under control due to restrictions measures taken in South and West of US in June and July month.

USD Coronavirus mask by benjamin Franklin

The US Dollar moved in little push for up more since there is stimulus package pending by US policymakers

Yesterday June JOLTS job opening looks positive that also moves dollar in upside against Gold.

Gold prices decline since March 2020 after the US payrolls come in passive mode, trimmed inflations, and the largest drop in the unemployment rate. Now, investors smooth bets on Fed stimulus expansion.

USD is making temporary corrections now in all the financial markets.

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