USDJPY – Buyer domination

30.06.2023

Daily: intense breakout of the upper Bollinger envelope occurs on the background of the active ADX trend pressure, which suggests the possible acceleration of price growth.

H4: the strongest bullish momentum at the breakdown of the upper boundary of the Bollinger envelopes here is also accompanied by the trend dynamics of the ADX indicator.

H1: The nearest target for the bulls is the 144.00 level (upper Bollinger band), though we can probably expect a further break-up into the 144th figure.

Conclusions: growth to 144.00 and 144.50.

Recommendations: Buy to 144.00 and 144.50.