Japanese Yen after a possible retest can continue to grow upward

Hello my friends, today I want to talk to you about USD/JPY

We see how the price moved downward with a local trend.

After the price tested the support zone, it bounced back and broke through the resistance line, which has now become a support.

The price is now trading over the support line, but can go down and retest it.

I expect that the Japanese Yen can test the support line, and then continue grow upwards.

Therefore, I set the target for the Japanese Yen at 140.50

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

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Trend Analysis

Feragatname