π Pair Name : USD /JPY Setup
π 4HR'S Chart
π§Ύ : WHY IS USDJPY GOING DOWN?
Economic indicators and data releases from the United States and Japan can have a significant impact on the exchange rate. Negative economic data, such as lower-than-expected GDP growth, rising unemployment, or weak consumer spending in the U.S., can lead to a decline in USD/JPY as investors may sell off U.S. dollars for yen.
ββββββββββ
Bearish Break
147.550 Area
Reasons
Major Turn level / M
Visible Range Hvn
Quarter's Area
Year / M High
Trend Line
Bullish Reversal
144.500 Area
Reasons
Major Turn level / M
Chcoh Area
Visible Range Lvn
Trend Line
M / Low
PB 50% Area
ββββββββββ
π 4HR'S Chart
π§Ύ : WHY IS USDJPY GOING DOWN?
Economic indicators and data releases from the United States and Japan can have a significant impact on the exchange rate. Negative economic data, such as lower-than-expected GDP growth, rising unemployment, or weak consumer spending in the U.S., can lead to a decline in USD/JPY as investors may sell off U.S. dollars for yen.
ββββββββββ
Bearish Break
147.550 Area
Reasons
Major Turn level / M
Visible Range Hvn
Quarter's Area
Year / M High
Trend Line
Bullish Reversal
144.500 Area
Reasons
Major Turn level / M
Chcoh Area
Visible Range Lvn
Trend Line
M / Low
PB 50% Area
ββββββββββ
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