Weekly Technical Analysis of THE USD-JPY

The Japanese dollar is trading inside a triangle between a downtrend and an occasional level, which could not close below the neutral price, inside the triangle placed on the chart.

In the event of a break-up, we look to sell from the main point at 113.50, while maintaining an appropriate stop loss of 70 - 100 points

Either in case the price breaks the base of the triangle, specifically the level of 104.00, we can enter selling until the main buying point at 99.40

The general trend is neutral inside the triangle, and we wait for the base of the triangle or the upper side to be broken