U.S. Dollar / Japanese Yen
Long
Updated

USDJPY nearing support

USDJPY has repeated history since early May. With the continuous downtrend and uptrends, what is expected is another bullish movement very soon. If the support line is broken there is a possible chance of USDJPY continuing a bearish trend, although, with the ideas surrounding the DXY bearish trend continuing I believe the bullish trend will come into action.
Note
Trumps speech will most likely break the support shortttttt

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.