Correction to the uptrend

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Technical Indicators Trend Analysis Fundamental Analysis USDJPY DXY classicalcharting

indicator trendanalysis fundamental usdjpy dxy classicalcharting

USDJPY went up as the dollar gained some strength on Friday. The pair could have bottomed and is ready for a new high, but first a correction is needed. Closing below the trendline cancels the analysis.

Order cancelled

Related Ideas

about AUDUSD

about DXY

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.