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U.S. Dollar / Japanese Yen
Long

Is USDJPY continuing with the bullish direction?

42
Personally I believe the pair will continue bullish for a while as the overall direction is bullish with good momentum and it recently retested a previous resistance turning it into support, the rally was disturbed by the previous week U.S CPI but it seems to be going back to its initial direction. Evidently, it's on a strong zone at the moment but the bulls are strong,they might break and retest the level before going back up.
siphesihle09
Candlestick AnalysisSupport and ResistanceTrend Lines

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Candlestick AnalysisSupport and ResistanceTrend Lines
siphesihle09

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.