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26.06.201906:13 Forex Analysis & Reviews: Forecast for USD / JPY pair on June 26, 2019

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USD / JPY pair

On Tuesday, the USD/JPY pair had an upward reversal from the price channel line with the support of double convergence on the daily chart and the convergence forming on the four-hour chart. On H4, the Marlin oscillator signal line is already in the growth zone. In order to confirm the price signal, it has to go above the MACD line at 107.64 and the target for growth is the nested line of the daily price channel in the region of 109.02.

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