USDJPY is currently on a very strong bearish trend, but when diving deep into a 1 hour timeframe we can spot a nice bullish trend forming and USDJPY is currently playing around the newly formed resistance area, A Break above will indicate that the market is ready for BUYS and we shall ride with the market up targetting a nice 1:4.
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.