USDJPY - What is the monthly chart telling us? 2021 outlook

Penjualan

Dollar A.S. / Yen Jepang (FOREXCOM:USDJPY)

FOREXCOM:USDJPY Dollar A.S. / Yen Jepang

trendanalysis chartpattern usdjpy usdjpyshort usdjpyanalysis usdjpysell usdjpyforecast dollaryen dollaryenshort jpy usd

USDJPY - Monthly chart - All trading is a game of supply and demand. When demand exceeds supply, price will rise and when supply exceeds demand, price will fall. Usdjpy is in a monthly downtrend but currently it is trading in a monthly demand zone so shorts are not allowed, we are expecting a pullback upto 107-108 on this pair to take shorts from 108-109 down to 103 again.

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