USDJPY is in a well-defined bullish trendðâïļ
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.
ðšYou may watch the video for further detailsðš
Thank you and Good Luck!
âĪïļPS: Please support with a like or comment if you find this analysis useful for your trading dayâĪïļ
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.
ðšYou may watch the video for further detailsðš
Thank you and Good Luck!
âĪïļPS: Please support with a like or comment if you find this analysis useful for your trading dayâĪïļ
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â Personal Telegram
t.me/KlejdiCuni
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www.youtube.com/@TradingPuzzles
â My FX Broker
bit.ly/49VySJF