USDJPY is in a well-defined bullish trend📈☝️
USDJPY is in a well-defined bullish trend📈☝️
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.
📺You may watch the video for further details📺
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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.
📺You may watch the video for further details📺
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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