Despite the fact that the quote for the USD/JPY pair was able to reach the target level of 147.35, there was not enough time for a substantial divergence to occur with the Marlin Oscillator on the daily chart.
This happened as a direct consequence of the fact that there was an inadequate amount of time (the price hit a high of 147.67).
This suggests that the price may continue to go higher in the future, with the subsequent price channel line of the monthly period working as the next aim at a price of 150.00.
In particular, this suggests that there is a possibility that the price may continue to increase in the years to come.
To be more explicit, this means that there is a possibility that there will be a further increase in the price at some time in the future.
When seen on a chart that included time frames with a duration of four hours, the price exhibited the highest degree of volatility just around the level of 147.35.
This was the case when the time period was four hours. Since the 5th of October, Marlin has been making progress, but this reduction could be interpreted as a corrective structure arising from the growth that it has been collecting, so it is important to keep this in mind.
Since Marlin has been making progress, it is important to keep in mind that this reduction. There is a potential that in the not too distant future, the level of both prices and indicators may climb. This might happen rather quickly.
It's possible that this will take occur at any moment. It is possible that this growth will occur whether it does so positively or negatively. We are gritting our teeth and keeping our fingers crossed in the hope that the USD/JPY pair will continue to move closer to the target of 150.00.
In other words, we are anticipating that this will happen. To put it another way, we are getting ready for the occurrence of this event by making the necessary preparations.
