Get started
traderpulse

USD/JPY Technical analysis

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
traderpulse  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis rangebound priceaction
2
0
trendanalysis waveanalysis rangebound priceaction
USD/JPY is currently in a range bound move in the 1-hour chart.
It is at its lower end of the range and forming a bullish flag pattern.
Hence we expect the pair to move to the upper end of the range.
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.