USDJPY is on the rise, breaking the long-term yearly bearish wave and drawing a yearly uptrend.
That is, the first signal of a reversal into a long-term uptrend has occurred.
In a small time unit monthly, a large time unit yearly correction will occur, and after that, it can be interpreted as meaning that a large rise follows.
Daily, weekly, monthly, yearly The long-term uptrend will continue until the uptrend lines break down.
For short-term analysis, please take a look at our previous 4-hour chart analysis.
That is, the first signal of a reversal into a long-term uptrend has occurred.
In a small time unit monthly, a large time unit yearly correction will occur, and after that, it can be interpreted as meaning that a large rise follows.
Daily, weekly, monthly, yearly The long-term uptrend will continue until the uptrend lines break down.
For short-term analysis, please take a look at our previous 4-hour chart analysis.
Note
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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.
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.