USDJPY
OUTLOOK
The USD/JPY pair shows more upward bias as it attempts to confirm a return to the ascending channel, reinforcing expectations of a continuation of the upward trend in the immediate and short term, recalling that our next target is at 149.46 and 151.50 ,but to be sure at the bullish trend should stable above 148.74 and then will rise up .
There for the bullish trend scenario will be remain valid effective supported by bullish channel in place provided that the price maintains its stability above the 147.80 level , remembering that stabilized under 147.80 will not finish the bullish attempts but it will postponed in the shot term .
The expect range trading for today it will be between the resistance line 148.74 and support line 147.80.
Support line : 147.80 , 146.40
Resistance line : 148.74 , 149.46
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OUTLOOK
The USD/JPY pair shows more upward bias as it attempts to confirm a return to the ascending channel, reinforcing expectations of a continuation of the upward trend in the immediate and short term, recalling that our next target is at 149.46 and 151.50 ,but to be sure at the bullish trend should stable above 148.74 and then will rise up .
There for the bullish trend scenario will be remain valid effective supported by bullish channel in place provided that the price maintains its stability above the 147.80 level , remembering that stabilized under 147.80 will not finish the bullish attempts but it will postponed in the shot term .
The expect range trading for today it will be between the resistance line 148.74 and support line 147.80.
Support line : 147.80 , 146.40
Resistance line : 148.74 , 149.46
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
