Is the USD/JPY about to rally again?

Hey Traders so I noticed that the USD/JPY has been getting stronger alot since the beginning of the year. I think it has alot to do with of course the US Dollar weakening. But I saw that now it has pulled back and I think it might be a good buying opportunity. I know that BOJ will have interest rate decision soon but I think that there are some good resistance levels to watch for breakout.

Enjoy

Trade Well,


Clifford


All opinions expressed are for educational purposes and this is not a recommendation to buy or sell).
(Always use risk management before entering any trade).
(Past performance is not guaranteed for future results.)

Comment:

Now it has cleared resistance above 108.47 so it looks good to buy.