Dollar-Yen Forecast February 25

■ USD/JPY Forecast Today's Daily Chart

From the daily chart of USD/JPY, the chart shows that the range remains confined between the resistance line of purple 200 EMA, which is considered a strong barrier watched by institutional investors, and the support line at 110.360 JPY. Since the huge bearish candle a week ago, the highs of the candles have been gradually falling, and the previous candle’s low has also been lower than the prior candle’s low, indicating that upside movement is likely to be pressured.

What are the forecasts and analyses for the 4-hour and 1-hour charts? Can we enter at all? Continue here