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RKarina

USDJPY: Transactions are filled with green

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RKarina Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Technical Indicators XAUUSD Gold optionsstrategies intradaytrade Forex Technical Analysis signals longsetup
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trendanalysis harmonicpatterns indicator xauusd gold optionsstrategies intradaytrade forex technicalanalysis signals longsetup
Dear friends, currently USDJPY is maintaining a strong upward trend, reaching 147.89 in early week trading.

In the short term, technical indicators continue to support the upward trajectory of USDJPY. This currency pair is attempting to recover after finding significant support around 148.00. The upward momentum may be further bolstered by the US Dollar Index (DXY) gaining traction from expectations that the Federal Reserve may cut interest rates in March.
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