USD JPY failed to test 137.5 support after 2023 and entering 2024 it quickly came back to test its resistance at 152. this shows things have changed from what we were expecting in 2023 and its changing quickly. will 152 break? price is moving quickly towards it and we might see small draw backs but good readings on US economic data just fueled the movement. breaking 152 level will signal a big hike in USD JPY and will automatically bring 160 level to life followed by 170-175 main resistance level.
Trade active
Comment:
very close to the target
Trade closed: target reached