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🇺🇸 USDJPY 🇯🇵 - Bullish sentiment forms an upward trend
USDJPY may continue its growth on the back of the rise in the dollar index due to fundamental reasons. Technically, the currency pair is forming a bullish trend, it can be understood by the rising lows and highs.
The target in our case could be 148.5
Reasons for further upside:
1) Trend breakdown
2) Yen is weaker than the dollar. The pair is rising following the DXY
3) Bullish trend is forming
4) Rising lows
5) Structure breakout
The target in our case could be 148.5
Reasons for further upside:
1) Trend breakdown
2) Yen is weaker than the dollar. The pair is rising following the DXY
3) Bullish trend is forming
4) Rising lows
5) Structure breakout
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