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USD/JPY:
The chart shows the movement of #USD/JPY on the hourly (H1) chart.
There is a high chance for yen to rise against dollar. Quotes may hit £144.09 per dollar in the coming days, especially if the dynamic support level (yellow triangle area on the chart) within £147.12- £146.70 is broken.
Otherwise, expect a decline in yen to the key resistance level of £148.72.
Good luck!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
