USD/JPY: Support Break and Potential Continued Decline?
Hello all!
The USD/JPY pair has broken the 154 support level and is heading toward the next support zone around 150-152. However, this support level doesn’t seem significant, and with U.S. labor market data coming out on Friday, we might see continued downward movement.
📉 Main support level: 149-149.50, where we expect the week to close.
We’re keeping an eye on developments and preparing for potential moves within these zones!
#USDJPY #Forex #Trading #TechnicalAnalysis #Finance
The USD/JPY pair has broken the 154 support level and is heading toward the next support zone around 150-152. However, this support level doesn’t seem significant, and with U.S. labor market data coming out on Friday, we might see continued downward movement.
📉 Main support level: 149-149.50, where we expect the week to close.
We’re keeping an eye on developments and preparing for potential moves within these zones!
#USDJPY #Forex #Trading #TechnicalAnalysis #Finance
Trade closed: target reached
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Related publications
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.