Release： 03/27/2019 16:24

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 March 28

■ USD/JPY Daily Forecast Today Chart

From the daily chart of USD/JPY we can see that although the price briefly fell below the trend line, it then moved back inside the trend line. It tried to break above again but was repelled by the 110.360 yen level, which seems to be a strong resistance, leaving only a wick and the price returning inside the trend line. Based on this, we can infer that the bottom appears quite solid and it would be difficult to move downward.
What are the predictions and analyses for the 4-hour and 1-hour charts? Ultimately, can we enter? Read more

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