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USDJPY received a strong increase in price

Dólar Americano/Iene Japonês (FX:USDJPY)  
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FX:USDJPY   Dólar Americano/Iene Japonês
Trend Analysis Chart Patterns Technical Indicators Forex USDJPY intradaytrade longsetup LONG
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trendanalysis chartpattern indicator forex usdjpy intradaytrade longsetup long
The USDJPY continues to receive price support from market information on the USD. The price is approaching the high point of 151.700. The bearish side may take action to push the price back down, but it is possible that the price will soon surpass that high point and move towards the target of 152.xx. Novaria's idea is to form a double bottom pattern and receive support from the trendline.
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