USDJPY Multiple Time Frame Analysis
showing weekly chart (top left), daily chart
(top right), 240 min (bottom left), 60 min (bottom right). At the moment finding support around 105 with a falling wedge
developing on the daily chart
. Looking for upside as the wedge
formation completes and price works its way back above the short term moving averages. Notice that price is already above the 60 min 50 sma
for the moment.