USDJPY – Currency Pair Continues Upside Movement

14.06.2024

H4: The currency pair has tested the retest of the main support/resistance level (4/8) and resumed its upward movement. Against this backdrop, today we expect the continuation of the uptrend towards the level (6/8). In the medium-term perspective, further price growth towards the main resistance level at 159.38 (8/8) can be expected.

Trading Decision: Buy at 156.70, TP 157.81.