Dollar/Yen Forecast April 30
■ Dollar/Yen Daily Chart Prediction Today
From the daily chart of USD/JPY, we can see that the price has been lowering its highs for four consecutive days and raising its lows for three consecutive days, indicating a near-range state. It is gradually forming a double-top shape, suggesting that the upside remains heavy and the pair may still struggle to rise. Since the support line of the chart pattern "flag" has also been breached, a range-bound movement is expected to continue for a while, or a downside momentum may emerge.
What are the predictions and analysis for the 4-hour and 1-hour charts? Can you actually enter? Read more here
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