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FX.co ★ Technical analysis of USD/JPY

Technical analysis of USD/JPY

USD/JPY:

Technical analysis of USD/JPY

The chart shows the movement of USD/JPY in the hourly (H1) chart.

Indicators show an upward movement towards £144.10 per $1.

This support level may become decisive for the development of the pair.

In case of its testing and breakdown, quotes will rush towards £145.00.

Otherwise, the daily trend will reverse towards £143.00 for $1.

Good luck!

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