USDJPY - Respecting the Bullish Trend?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it: (Short Term)
Fair value remains @ 154.550 currently
Very strong demand @ 154.200
If the bullish trend is respected persistently,
TARGET = At least 159.00
*** Always a possibility of a liquidity dip below 154.00 first, who knows.
I deeply appreciate you taking the time to study my analysis and point of view.
Keynote!
The most important to consider always, before you leap:
When you jump in the river, make sure you swim "WITH" the current.