USDJPY Long / Weekly Chart
The ending of January we see that price broke hit a demand zone and broke through the bearish trendline. Which confirmed it was a reversal to the bullish side. Ending of March is where price started to pullback. It is now the ending of April and price has retraced off 38.2 fib level. Based on my analysis the month of May will be continuing the overall bullish trend.
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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.