USD/JPY Will Explode! BUY!

13 במאי 2023

My dear followers,
Please, find my technical outlook for USD/JPY below:
The price is coiling around a solid key level - 135.744
Bias - Bullish

Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Target - 137.015

About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK