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Forecast for USD / JPY pair on March 11, 2019

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support of the nested line of the price channel and the signal line of the Marlin oscillator of the daily scale began to unfold higher without reaching the border in the area of a decline. On the four-hour chart, Marlin has turned upward and to restore growth, the price now needs to go over the resistance of the MACD line in the area of 111.65 on the four-hour chart. This level also corresponds to the minimum of March 4. Next, we are waiting for the growth of the resistance to the trend lines of price channels at the level of 113.15.

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The material has been provided by InstaForex Company - www.instaforex.com
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