The USD/JPY Pair Is Still Upward But It Can Be Potential Pullback

The USD/JPY Price Seems To Be Optimistic

Technical analysis:

USD/JPY has been trading upside this morning and I see potential for the continuation of the strong upside trend in the background.

Trading recommendation:

Due to the strong upside cycle in the background and potential pullback play, I see further upside continuation.

Watch for the buying opportunities on the intraday dips with the upside objective at the price of 145 and 146.50.

Key support is set at the price of 141.50

 

 

Relevance up to 10:00 2022-09-13 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Read more: https://www.instaforex.eu/forex_analysis/292360

The USD/JPY Price Seems To Be Optimistic

InstaForex Analysis

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