USDJPY 22nd MARCH 2022

By DNP-FX
Updated
Japan's national debt is very high, foreign spending is very large. However, the Japanese government has not made strong efforts, the dovsih statement Bank of Japan made the yen weaken.
USDJPY Daily Still showing a very strong bullish trend, there is no sign of a reversal yet.
The most reasonable scenario is USDJPY may continue to be bullish up to 120.500 - 124.500
Trade closed: target reached
Support and ResistanceTrend LinesTriangleUSDJPYyen

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