The US Dollar To Yen (USD/JPY) With Potential For The Upside During The Day
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Technical analysis:
USD/JPY has been trading uspide as I expected. The price reached first objective at the price of 144.95 but I see potential for further upside movement towards next reference points.
Trading recommendation:
USD/JPY is trading downside this morning but I see potential for the upside continuation later during the day.
Watch for the buying opportunities on the dips with the upside objective at the price of 146.90.
MACD oscillator is showing upside reading, which is good sign that upside momentum is strong.
Key support is set at the price of 141.55
Relevance up to 08:00 2022-09-15 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.
