USD/JPY) Bullish reversal analysis read the Caption

99
EA GOLD point update
This chart is for USD/JPY on the 1-hour time frame,and it presents a bullish trade setup.Let's break down the idea


Key Observations ;

1.Current Price;

USD/JPY is trading Around 146.281.


2.Overall Bias

Bullish setup expecting a bounce from demand into a higher target zone.


3.EMA 200;
price is currently below the 200 EMA (147.942).which usually suggests a bearish trend _but this setup is aiming for a short-term Bullish retracement.


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