13.03.201911:28 Forex Analysis & Reviews: Forecast for USD / JPY pair on March 13, 2019

Long-term review

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The Japanese yen is completely calm during yesterday's trading as the volatility increased in European currencies, which then resulted to rise by 12 points. The Marlin oscillator signal line on the four-hour chart is in a hurry to move to the growth territory, despite the decline in the price of the last seven candles. The intermediate goal of the rising price remains the level of 111.65, which is the minimum of March 4 and the resistance of the MACD line on H4. A fixation above the level again opens the target to the upper borders of the price channels of the daily chart to the area 113.10.

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