Dollar-Yen Forecast March 19
■ Dollar-Yen Forecast Today Daily Chart
From the daily chart of USD/JPY, looking at the daily chart, USD/JPY had been expected to rise, but it did not show upward movement and instead slowly moved downward, once again hitting a standstill in the uptrend. There was a decline last week as well, but it somehow turned to an upmove. This week, the pace is a bit faster and it has already shifted to a downward movement. At this point, price action is visibly showing a downsloping pattern, so it is possible that it may turn downward from here as well.
What are the forecasts and analysis for the 4-hour and 1-hour charts? In the end, can we enter? Read more here
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