USDJPY 4H chart tech analysis shows the following:
The USDJPY made a bullish development under the KUMO cloud (4H) breaching the Tenkan Sen (light green line) and now it is trying to reach Kijun Sen (blue line).
MACD is forcing bullish under the zero line. The RSI > 50 --> trying bullish.
Long USDJPY as support line stay intact. Stop loss and short under 102.100
The USDJPY made a bullish development under the KUMO cloud (4H) breaching the Tenkan Sen (light green line) and now it is trying to reach Kijun Sen (blue line).
MACD is forcing bullish under the zero line. The RSI > 50 --> trying bullish.
Long USDJPY as support line stay intact. Stop loss and short under 102.100
Related publications
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.
Related publications
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.