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USDJPY: Take advantage of recovery opportunities

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Karina_Bella  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Forex USDJPY signal
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trendanalysis chartpattern indicator forex usdjpy signal
Hello dear friends!

USDJPY continues to receive support as the USD gradually recovers since Monday. The price is currently trading around 147.323 and has increased by 0.12% for the day.

From the 1D chart, it can be observed that after receiving support from the 146.5 level, the bullish side has seized the opportunity to push this currency pair back towards the immediate target of 148.1 before the next downward trend occurs.

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