USDJPY 01 Dec 2022. USDJPY on the H1 timeframe, this pair has not managed to penetrate the support line around 137.688.
It’s been a week, this pair ranging between S1 and R2.
When referring to the Stochastic indicator, a bounce may occur in the near future and this is the right time to go-long.
Please stay alert, because the MACD indicator actually shows the opposite.