The current bullish trend of the USDJPY is strong, and in the absence of intervention by the Bank of Japan, the price is expected to continue to rise in the future, with the first target looking at 147.5 and the second target looking at 149.7. If the price falls below 144.5, the downside will begin.
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.