In the daily chart, we can see a bearish candlestick formation USD/JPY. So, it is quite natural to
expect a fall in USD/JPY. However, a lot depends on the US dollar which is continuously in demand
due to the current geopolitical and economic situation of the world.
That being said, the technical picture can not be ruled out completely. As long as price doesn't break the previous
high, there is a probability of a decline in USD/JPY.
expect a fall in USD/JPY. However, a lot depends on the US dollar which is continuously in demand
due to the current geopolitical and economic situation of the world.
That being said, the technical picture can not be ruled out completely. As long as price doesn't break the previous
high, there is a probability of a decline in USD/JPY.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.