Get started
U.S. Dollar / Japanese Yen
Long

USDJPY: Bullish Outlook & Potential Targets 🇺🇸🇯🇵

By VasilyTrader
Updated
snapshot

Hey traders,

USDJPY keeps trading in a minor bullish trend from the end of April.
The pair is steadily growing within a rising wedge pattern.

Now the price is approaching its support.
I believe that probabilities are high that the pair will set a higher low again and will go higher.

Goals:
110.3
110.7

In case of a bearish breakout of support of the wedge, I will look for shorting opportunities.
Note
Check my new idea on EURCHF:
EURCHF: Demand Zone & Pullback 🇪🇺🇨🇭
Chart PatternsForexfxtradingTrend AnalysisUSDJPYDJ FXCM IndexWedge
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅
Also on:

Related publications

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.