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FX.co ★ USDJPY, H4 | Further rise expected?

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Forex Analysis:::2023-03-10T10:44:01

USDJPY, H4 | Further rise expected?

USDJPY, H4 | Further rise expected?

Price is seeing strong bullish momentum from its ascending support line, suggesting that price might continue to rise towards major resistance at 138.04. The major support we're looking at is 135.39 which is an overlap support.

If price were to break this support, we could see it drop down to major support at 134.46.

Analyst InstaForex
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