USDJPY: Take advantage of recovery opportunities

By Karina_Bella
Hello dear friends!

USDJPY continues to receive support as the USD gradually recovers since Monday. The price is currently trading around 147.323 and has increased by 0.12% for the day.

From the 1D chart, it can be observed that after receiving support from the 146.5 level, the bullish side has seized the opportunity to push this currency pair back towards the immediate target of 148.1 before the next downward trend occurs.
Chart PatternsForexTechnical IndicatorssignalTrend AnalysisUSDJPY

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