If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of USDJPY, I think we are going to see an upward movement. Now price is staying near a support as well as a demand area, which would help the price to get pass the above resistance areas move towards 113.890; which is a supply area. From...
Currently, USD/JPY is trading at 104.55. The pair is trading in a downtrend from some time and now rebounded back after touching the support level at 104.10, as it has rebounded from the support level, it can be an event effect. If it breaks the support level at 104.10 and enters the support zone, then it can go down further and touch the bottom of the support...
