Technical Analysis USD/JPY

The USD/JPY exchange rate has shown a strong increase during the previous period and has approached important and pivotal levels. If prices continue to rise and break above the upper side of the triangle at 137.90, with a close above it, there will be a strong buying opportunity with targets reaching 138.40 as the initial goal. However, if the price remains below these levels, any opportunity for an upward move will be canceled.