USD/JPY Weekly Technical Analysis

The dollar yen is moving in an expected upward trend, beginning to decline from the selling liquidity resistance area at 115.87 levels, to target the purchasing liquidity support area at 114.94 levels.
In the event that a four-hour candle closes below the 114.67 level, we expect the decline to continue and target the second purchasing liquidity support area at 113.47 levels, from which we expect the week’s bottom to form.