Get started
Chintalp1

A LONG WAY TO GO

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Chintalp1  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
It looks like USDJPY has room to move upwards based on the 50MA and 100MA, there was also a break above the most recent resistance level. So we can see some movement upward HOWEVER RSI is showing high strength.

What do you guys think?

Thanks for reading!
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.