Well, in this technical analysis, USD/JPY has consolidated and the price doesn't have force to continue, if you apply the MACD, you get it. But, the trend is neutral until the USD/JPY break up or break down the trend. The most possible trend is that continue up thep rice in the ascendent channel bullish, but remember other expectative is that USD/JPY is on the big descendent bearish channel from May, 27, 2020. So, I dont go to operate in that zone consolidated!!!l, but very neccesary is to put alarm when USD/JPY Break up or down the conslidation and also, we need to hope to confirm the pull back to entry a favor of the trend.
And this screenshoot is the structure of the trend we are. so, look it.
And this screenshoot is the structure of the trend we are. so, look it.
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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.