Trader_BrianFX

USDJPY : Technical prospects still increase!

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY experienced minimal fluctuations up until the end of the week, with prices steadfastly hovering around the lofty 151,300 mark. Technical prospects for this pair lean towards an upward trend, as indicated by positive signals from the EMA lines.

Nonetheless, a preliminary adjustment is anticipated, targeting the 0.5 - 0.618 zone of the Fibonacci retracement, before continuing its upward trajectory.
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