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USD/JPY Weekly Forecast ( February 13-17)

Daily chart analysis
The USD/JPY currency pair is into an uptrend at this moment. According to the daiy chart, The MACD and the stochastic oscillator are positive and a potential target might be 116,61 (Fibo 76%).

USDJPYdaily page 001

8 hour chart analysis
The MACD is positive and the price is still above EMA200. The price is still in an uptrend and it might rise at 115.30, in order to form a triangle in the medium term.

USDJPY8h page 001

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