Release： 02/10/2019 19:07

Update： 04/08/2021 02:35

Series

We will provide USD/JPY forecasts and analysis. How will USD/JPY move today? Predictions and analysis from Trader MASAKI's unique perspective.

Dollar/Yen Forecast February 11

■ USD/JPY Daily Chart Forecast Today

Looking at the daily chart for USD/JPY. On the daily chart, the 109.765 yen level, perceived as a strong resistance, seems to be functioning as support, preventing a move downward and keeping prices supported from below. The overall feel suggests a potential upward trend, but if USD/JPY breaks below the 109.765 support from above, there is a possibility for bearish momentum to rise.

What are the predictions and analysis for the 4-hour and 1-hour charts? Can an entry be made after all? Read more here

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