USDJPY
OUTLOOK
Technical abstract :
Trading in the USD/JPY pair is limited between the support of the ascending channel and the recently recorded peak at 148.15, which constitutes strong resistance against the price, waiting for the breach of the 148.80 level to confirm the opening of the way for continuing the rise and heading towards our next main target at 149.78.
The ascending channel continues to support the price from below, enhancing the chances of continuing the expected upward trend, which will remain in place unless the 146.43 level is broken and holds below it,for reminder ,breaching 147.80 will support the price to start a correction to 146.43.
Additionally ,Today news will affect the market directly so manage your account carefully .
support line : 147.80 , 146.43
resistance line : 148.80 , 149.78
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OUTLOOK
Technical abstract :
Trading in the USD/JPY pair is limited between the support of the ascending channel and the recently recorded peak at 148.15, which constitutes strong resistance against the price, waiting for the breach of the 148.80 level to confirm the opening of the way for continuing the rise and heading towards our next main target at 149.78.
The ascending channel continues to support the price from below, enhancing the chances of continuing the expected upward trend, which will remain in place unless the 146.43 level is broken and holds below it,for reminder ,breaching 147.80 will support the price to start a correction to 146.43.
Additionally ,Today news will affect the market directly so manage your account carefully .
support line : 147.80 , 146.43
resistance line : 148.80 , 149.78
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
