#USD/JPY Daily Analytics Update 5th February - Today, I want | Ym group

#USD/JPY Daily Analytics Update 5th February

- Today, I want to talk to you about the USD/JPY chart.
On the chart, we can see how the Japanese Yen formed the downward triangle, and then broke through the resistance line and continue to rise.
The price is now above the support line, but can go down and test it.
I expect that after a possible retest of the support line, the price can continue to rise.
Therefore, for the Japanese Yen I set the price at the level 132.50
This is my opinion, I really hope it will be useful for you.
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL

https://www.tradingview.com/x/KHlVFDRO/