USD/JPY pulled back after a slight pullback on Friday. The D1 chart RSI is starting to slowly move into a safe position. The MACD indicator bulls volume remains strong and has crossed the signal line. The RVI indicator gradually formed a golden cross, and the double line was also above the 0 axis. The market’s long trading volume is very evident.
H1 chart ADX indicator +DI is above -DI. MACD long trading volume is also gradually formed, if you want to pursue stability, you can wait for the signal line to break through the 0 axis. The RSI indicator also shows that the market is strongly pushing prices up.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
