USDJPY chart. Daily uptrend February 2021

The USDJPY chart is definitely bullish. The daily timeframe is trending up, creating new demand imbalances and respecting them. The bigger picture bias for the USDJPY Forex cross pair is bullish, with the USD potentially becoming stronger, as explained in a previous Dollar Index DXY chart analysis. Why is USDJPY rallying so strongly? The bigger...

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USDJPY chart. Daily uptrend February 2021