USD JPY LONG

24. Apr. 2022

USD JPY is in a strong weekly bullish trend ignoring all overbought indicators. As per weekly charts price is extremely overbought but shows no sign of correction in near term. Price can show corrections in short term charts to correct price imbalances .Good to buy dips and go long until a clear longer term chart correction appears. USDJPY is about to test 135.00 monthly chart highs before making ant meaning full selling opportunities.

supp - price action bullish
above all key Moving Averages