USDJPY is in a well-defined bullish trendđâïž
USDJPY is in a well-defined bullish trendđâïž
After the price broke out of the first zone, we can see that USDJPY continues to rise more.
The upward move is only related to the fact that the BOJ is not taking further steps to support its currency and economy as well.
As long as the BOJ will be in silent mode, there is no reason for the USDJPY to move lower.
đșYou may watch the video for further detailsđș
Thank you and Good Luck!
â€ïžPS: Please support with a like or comment if you find this analysis useful for your trading dayâ€ïž
After the price broke out of the first zone, we can see that USDJPY continues to rise more.
The upward move is only related to the fact that the BOJ is not taking further steps to support its currency and economy as well.
As long as the BOJ will be in silent mode, there is no reason for the USDJPY to move lower.
đșYou may watch the video for further detailsđș
Thank you and Good Luck!
â€ïžPS: Please support with a like or comment if you find this analysis useful for your trading dayâ€ïž
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