USDJPY may rebound from the daily demand zone after the first 4-hour uptrend ends, followed by a second 4-hour uptrend. If so, there will be a daily bullish pattern reaching the weekly supply zone next week.
Then, it seems that it will decide whether to ride the weekly downtrend or whether the daily uptrend will continue again.
Then, it seems that it will decide whether to ride the weekly downtrend or whether the daily uptrend will continue again.
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The second rise has begun.
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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.