USD/JPY Analysis: Support in Play
USD/JPY is currently trading just above a significant support level.
We could see a potential bounce from here, leading to upward movement.
However, if the price breaks below this support, it might retest the next support level below.
This area is critical, as it could set the stage for the next move. Watch for price action
confirmation to determine the direction.
We could see a potential bounce from here, leading to upward movement.
However, if the price breaks below this support, it might retest the next support level below.
This area is critical, as it could set the stage for the next move. Watch for price action
confirmation to determine the direction.
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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.
WiVERIDERS
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.