FX.co ★ Forecast for USD/JPY on March 1, 2019

USD/JPY

The Japanese yen found the strength to overcome the immaturity of bear divergences, which we assumed in the last review on February 27. The price moved up yesterday from the Krusenstern line of the four-hour chart. Marlin oscillators on both time frames indicate growth, now the yen has no obstacles when moving to the target level of 113.15 - the point of intersection of the two lines of the price channels.