USDJPY 1D trendline+heavy support level

Long

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

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis

trendanalysis

Looking at USDJPY, on the chart above:

Monthly support level
Daily bullish trendline consisting of higher lows and higher highs.

Although I see a lot of upside for this currency pair, I'll be looking to take a 3:1 position in the upcoming week.

Comment:

Key:
Daily - White
Monthly - Red

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