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arongroups

NEW IDEA FOR USDJPY

Long
U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)  
arongroups  
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
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trendanalysis
The weakening of the possibility of intervention by the Bank of Japan weakens the yen

By examining the trend in the four-hour time frame, USD/YEN, while maintaining the important support range in the range of 156.04-155.05, can increase to the resistance range of the ascending channel ceiling in the range of 161.30-160.21.
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