USD/JPY: Increased bullish potential NEXT HOUR !! now

7 thg 5, 2021

USD/JPY is staying in consolidation from 109.68 and intraday bias remains neutral. Further rise is in favor with 108.70 minor support intact. On the upside, break of 109.68 will resume the rebound from 107.47 for retesting 110.95 high. On the downside, though, break of 108.70 minor support will turn bias back to the downside for 107.47 support again, to extend the pattern from 110.95.