USD/JPY Price approaching demand area on weekly time frame

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis

trendanalysis

Price is inside demand area between 110.728 - 109.368 marked in green lines. There is a potential buying opportunity highlighted in yellow between 110.027 - 110.570 if price starts showing a reversal on the daily time frame. I'll update this post as needed.

Comment:

Updated chart after market opened up. levels slightly adjusted.

snapshot

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