Since we are finishing a month we will review the monthly graph.
It is important how the monthly candle will close, I will not list every possible scenario, but if the candle closes green and closes above the red candle, this is definitely a bullish sign.
You can see significant support at 105.3 and resistance at 114.9, as we are relatively close to the priority support is Buy.
In order for us to return to being Bullish by the Ichimoku, the usdjpy needs to rise above the cloud.
Target: 113.4
It is important how the monthly candle will close, I will not list every possible scenario, but if the candle closes green and closes above the red candle, this is definitely a bullish sign.
You can see significant support at 105.3 and resistance at 114.9, as we are relatively close to the priority support is Buy.
In order for us to return to being Bullish by the Ichimoku, the usdjpy needs to rise above the cloud.
Target: 113.4