USD/JPY:
The chart shows the movement of USD/JPY in the four-hour (H4) chart.
Fundamental factors in the past market week were stronger than the technical analysis. As a result, quotes rose instead of falling as expected.
Currently, the pair is moving towards £139.85 per dollar and is attempting to find resistance near it. Most likely, the support level of £137.50 will become a target for the decline.
In the event that fundamental factors turn out to be strong again, a breakdown of the resistance level and growth towards £143.0 per dollar is possible.
Good luck!
