USDJPY is in a well-defined bullish trend๐โ๏ธ
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.
๐บYou may watch the video for further details๐บ
Thank you and Good Luck!
โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
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.
๐บYou may watch the video for further details๐บ
Thank you and Good Luck!
โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
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bit.ly/49VySJF