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Forecast for USD/JPY on August 11, 2021

USD/JPY

In one day, the USD/JPY pair managed to go beyond the area above the resistance of the MACD line and the embedded line of the higher price channel. The Marlin Oscillator continues to actively go into the zone of positive values, and now the price is heading to the target level of 111.39 - to the high of May 20, 2018.

analytics6113341bb143b.jpg

In one day, the USD/JPY pair managed to go beyond the area above the resistance of the MACD line and the embedded line of the higher price channel. The Marlin Oscillator continues to actively go into the zone of positive values, and now the price is heading to the target level of 111.39 - to the high of May 20, 2018.

analytics6113342829443.jpg

The material has been provided by InstaForex Company - www.instaforex.com