USD/JPY Forecast. Technical Analysis

usd-jpy4 hour

The USD/JPY bullish momentum could take it higher towards 114.50-115.

1 hour

The USD/JPY retraced within a wave 4 (green) towards the 50% Fibonacci level which provided support. A break above resistance (red) could confirm the wave 5 (green) breakout.

4 hour

1 hour

Origin: Admiral Markets

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