USDJPY is below 108 today which is an important level in the short term. The 4-hour chart is showing us that the could test near support before breaking higher.

The levels we must watch in mind are the following: 103.807, 107.133 - 109.187, 111.413

What do we have here?
✔️ Bullish Formation
✔️ USDJPY- Near Support Level

Thank you, Connor,

Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only. For more short term analysis and trading ideas please subscribe to The Margin Call.
Chart PatternsTrend AnalysisUSDJPYusdjpylong

Related publications

Disclaimer