YourLazyTrader

Will USD/JPY go bullish again? Read analysis with key levels

FX:USDJPY   U.S. Dollar / Japanese Yen
Dear traders, USD/JPY is getting some support from the EMA in the 4Hour chart.
Price has rebounded after hitting the EMA.

You can also see the formation of a triangle pattern in the chart. If
USD/JPY manages to break through the upper trend line of the
triangle, then we can see the next leg of bullish move.


However, 140.80 is a key level that can offer strong resistance. Either way,
you must follow the price action closely before executing your trade.
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