Dollar-Yen forecast April 19

■Dollar-Yen Daily Forecast Today's Chart

From the daily chart of USD/JPY, the pair is still forming a range at an important high and being held down, with resistance lines around 112.206 and 112.306 yen just above appearing strong, so it seems effective. Although there was a possibility of a sharp breakout from below to above due to a major indicator release with strong price movement like yesterday’s Retail Sales, the price did not move that much, so it is still forecast that breaking through the 112.206 yen resistance line on USD/JPY will be difficult.

What are the predictions and analyses for the 4-hour and 1-hour charts? In the end, can we enter? Read more