🇺🇸 USDJPY 🇯🇵 - Bullish sentiment forms an upward trend
USDJPY may continue its growth on the back of the rise in the dollar index due to fundamental reasons. Technically, the currency pair is forming a bullish trend, it can be understood by the rising lows and highs.
The target in our case could be 148.5
Reasons for further upside:
1) Trend breakdown
2) Yen is weaker than the dollar. The pair is rising following the DXY
3) Bullish trend is forming
4) Rising lows
5) Structure breakout
The target in our case could be 148.5
Reasons for further upside:
1) Trend breakdown
2) Yen is weaker than the dollar. The pair is rising following the DXY
3) Bullish trend is forming
4) Rising lows
5) Structure breakout
All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔
FREE TELEGRAM:
🌹 Telegram channel: t.me/Go1dTech
😍 My contact: t.me/GoldTech
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔
FREE TELEGRAM:
🌹 Telegram channel: t.me/Go1dTech
😍 My contact: t.me/GoldTech
Related publications
Disclaimer
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.