How long will the upward movement of the currency pair continue?

The USDJPY has returned to the upside after a brief correction and the short-term trend of the US dollar against the Japanese yen is upward. The current bullish rally is expected to continue at 130.04 at the Fibonacci level.

According to traders, the USDJPY market will suffer if the pair crosses below the partial support of 126.78. But as long as the 125.09 support holds its position, we can expect another uptrend.

* Technical H4 analysis of USDJPY

* Technical daily analysis of USDJPY