UJ has slowly been gaining momentum since the 700-pip drop last week due to the BOJ Monetary Policy announcement. The pairing finally saw a strong directional bias today after ranging between small resistance and support price points.
The 4 hour chart seems to be showing a bullish bias. Expecting the price to continue to push up, even if slowly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.