logo

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 four-hour (H4) chart.

The quotes are within the upward channel, and a unique situation has developed, where nothing could prevent it from continuing its movement towards 150.65. Traders need to be attentive to the news and actions of regulators when entering or exiting the market.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account