Hello Traders! 👋
What are your thoughts on USDJPY?
On the USD/JPY chart, we observe a breakdown of the ascending channel, which could signal a potential trend reversal and growing bearish momentum.
Currently, the price is pulling back to the broken level.
Given the overall bearish structure, we expect the downtrend to resume after the pullback completes, potentially targeting lower support levels in the sessions ahead.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on USDJPY?
On the USD/JPY chart, we observe a breakdown of the ascending channel, which could signal a potential trend reversal and growing bearish momentum.
Currently, the price is pulling back to the broken level.
Given the overall bearish structure, we expect the downtrend to resume after the pullback completes, potentially targeting lower support levels in the sessions ahead.
Don’t forget to like and share your thoughts in the comments! ❤️
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t.me/+1gFAIO4CJJw3NTU0
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instagram.com/marketanalaysis
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.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
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.