kareni07

Out look of USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi friends !
The USDJPY currency pair showed corrective movements during this week, and this correction formed a famous pattern called a flag, which we expect the price to rise.!!

We will see another small correction to the 130.41 area before starting a new uptrend. Then we go to the targets of 134.16 _135.75 and .... and then correction to reach the fifth wave of the trend!!

Good luck ;)
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.