USD/JPY reached 1.07 price increase, should buy or sell?

Hello everyone is Samson here, today USD/JPY recovered after the loss was recorded the day before, the transaction was higher than about 147.70 in the Asian session on Tuesday. This pair of money is receiving support for price increase before the interest rate decisions from the US Federal Reserve (Fed) and the Japanese Bank (BoE).

Looking at the technical picture of USD/JPY on the H1 time frame we can see that gold is in the trend of increasing so we should stick to the script and target higher. If that occurs, it is likely to reach $ 150.00.

הערה:

good luck