Arazmajeed

USDJPY 4H : Still bullish

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

OUTLOOK

The dollar pair against the yen continues to rise, reaching our expected target at 148.74 now, and we expect the upward trend to continue to exceed this level and open the way to achieving additional gains that reach the psychological barrier of 149.46 and 150.00.

Hence, the bullish trend scenario will remain valid and effective for the coming period, supported by the bullish channel, keeping in mind that the continuation of the bullish wave requires stability above the 147.80 level.

Additionally ,Today News will affect the market .

support line : 148.74 , 147.80
resistance line : 149.46 , 150.00

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