USD/JPY:
On the USD/JPY D1 chart, the price closed yesterday above the Fibonacci retest of 0.5, indicating that the price was supported. There is a very high chance that the price will go up.
The H1 chart price managed to break above the overhead resistance and completed a pullback. The RSI indicator also shows that the price is currently in an uptrend. The signal line of the MACD also crossed the 0-axis upwards. Judging from the H1 chart, the trend still has a very substantial upside space.
Order suggestion:
Deploy more orders at low positions.
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.
