Arazmajeed

USDJPY 1H : Support further rise up

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

New forecast

The dollar pair against the yen has fluctuated within a narrow path in the past sessions, and stabilized above the moving average 50, which continues to support the price from below, waiting for the resumption of the upward wave targeting levels of 150.00 and then 151.00 as the next main stations.

On the other hand, you should be aware that breaking 148.89 will stop the expected rise and force the price to turn lower.

The expect range trading for today it will between resistance line 150.00 and support line 149.24 .

Additionally ,Today News will affect the market .

support line : 149.24 , 148.89
resistance line : 150.00 , 151.00

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