Arazmajeed

USDJPY 4H : Uptrend above 150.00

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY

New forecast

The narrow range dominates the trading of the dollar pair against the yen, which is trying to crawl towards our first awaited target at 150.00. Therefore, there is no change in the expected bullish trend scenario in the immediate and short term, whose targets extend to 151.00 after crossing the previous level, with a reminder of the importance of stability above 149.40. To continue the expected rise.

The expect range trading for today it will between resistance line 151.00 and support line 149.40 .

support line : 149.40 ,149.24
resistance line : 150.00 , 151.00

Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.