Dollar-Yen Forecast March 20

■USD/JPY Daily Chart Forecast Today

From the daily chart of USD/JPY. On the USD/JPY daily chart, it briefly broke below the red 20 MA the other day and managed to hold, but since today it is being tested again for another downside move, there is a sense that it may head lower. For the past four days, the highs have gradually been getting lower, so the upside feel is still heavy. Currently, the price is right above the red 20 MA and the strong-looking double line around 111.368 JPY for USD/JPY; the scene is whether it will move higher from here or break lower underneath.

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