USD / JPY forecast suggests an attempt to test the support level near the 109.75 area. Where can we expect the pair to continue to grow to the area above the level of 115.95. An additional signal in favor of the rise will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option for the pair will be a fall and a breakdown of the level of 107.35. This will indicate a continued decline in the pair with a potential target below the 104.05 area.
Have a nice trade!
Have a nice trade!
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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.