USDJPY → A strong buyer is willing to go higher

4月4日

USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart.



Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its own life and practically does not react to the behavior of the US dollar, which starts the correction from a strong resistance.
The trigger level for the Japanese Yen is 151.94, the break of this resistance will cause the formation of a strong bullish impulse. The structure will break when the support at 151.15 is broken, but not about that for now.

Resistance levels: 151.78, 151.94
Support levels: 151.15, 150.8

Technically and fundamentally, the Japanese Yen is weakening and will continue to weaken despite the change of actions of the central bank of Japan. The currency pair may renew the high in the medium term.

Regards R. Linda!

4月4日

註釋

The structure of the "price squeezing to resistance" setup is still in place at the moment.
The structure will be broken when 151.44 and 151.0 are broken.

4月5日

註釋

On the back of bullish NFP, the price, after speculation, returns to resistance. It is necessary to follow the price reaction to the level of 151.786

4月8日

註釋

Maximum readiness :)

4月9日

交易進行

4月10日

交易進行

Oh, that's great. Price is breaking resistance

4月10日

交易進行

+90 pips since resistance breakout
Realization phase

4月10日

交易結束：目標達成

Interim target 153.0 reached

4月10日

交易進行

Closing of the session confirms the fact that growth will continue

4月11日

交易進行

A breakdown of 153.25 may continue the price rise

4月11日

交易進行

Consolidation and willingness to go above and beyond

4月16日

交易進行

The target of 155.0 is almost reached ;)

4月17日

交易進行

Overall, the potential remains. The pair still looks very bullish

4月17日

註釋

Correction amid dollar correction

4月22日

交易進行

The price is close to the target of 155.0

4月22日

交易進行

4月23日

交易進行

4月23日

註釋

4月24日

交易進行

Strong compression to resistance with the goal of going even higher

Japanese yen continues to weaken

4月24日

交易結束：目標達成

155.0 reached.