The USDJPY sell zone at 143.164/143.148 could be attributed to several factors:
- *Resistance Level*: This price range might be acting as a resistance level, where the USDJPY pair faces selling pressure or struggles to break through. Traders might be looking to sell at this level, anticipating a potential price drop.
- *Profit-Taking*: Investors might be selling USDJPY at this price range to secure profits, especially after recent gains.
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- *Resistance Level*: This price range might be acting as a resistance level, where the USDJPY pair faces selling pressure or struggles to break through. Traders might be looking to sell at this level, anticipating a potential price drop.
- *Profit-Taking*: Investors might be selling USDJPY at this price range to secure profits, especially after recent gains.
- *
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.