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FX.co ★ Forecast for USD/JPY on December 30, 2021

Forecast for USD/JPY on December 30, 2021

The USD/JPY pair follows its main scenario in spite of the external markets. Yesterday, the dollar index fell 0.18%, the US and European stock indices closed mixed. Reversal intentions are not visible on the yen's daily chart, the price is in a stable upward position. The 115.80-116.15 target remains relevant.

Forecast for USD/JPY on December 30, 2021

On the H4 chart, just like a day ago, the signal line of the Marlin Oscillator reverses on the way to the zero line. If the oscillator still does not reverse, then the price will reverse and will be able to attack the support at 114.34. But this is currently an alternative scenario.

Forecast for USD/JPY on December 30, 2021

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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