USD/JPY Analysis and Expected Buying Areas

Best Buying Areas for the USD/JPY

 

The USD/JPY pair rose sharply following Trump's recent statements,

forming strong buying demand areas and

 breaking through the consolidation movement

which had previously been consolidation.

The pair is currently undergoing a correction, 

and this corrective movement may continue

until it reaches the demand areas below and fills the gap formed

near the specified demand areas at the 147.83 level.

If the pair actually drops to the specified demand areas, 

it is expected to rise from them to targets at the 149.30 and 151.00 levels.


However, if the pair breaks and closes below the specified demand areas,

the analysis and expected rise for the pair will fail.