USDJPY Forecast February 28

■ USDJPY Daily Forecast Today’s Intraday Chart

Looking at the USD/JPY daily chart. On the USD/JPY daily chart, the trading range lines are clearly drawn, and both the upper and lower trendlines are expected to hold relatively firmly. In this environment, the moving averages that institutional investors pay attention to are expected to act as the only strong resistance at the purple 200MA, and the current price is approaching this level again. It remains to be seen whether the price breaks above it or is pushed back below.

What are the forecasts and analyses for the 4-hour and 1-hour charts? Ultimately, can an entry be made? Read more