Let's explore the USDJPY market with Selena!
Yesterday, USDJPY experienced a slight correction, and the price has now dropped to 148.50. However, it has not yet broken out of the upward trend channel. USDJPY continues to maintain a strong upward momentum on larger time frames such as 1D and 1W.
Considering the current market conditions, which favor UJ, Selena predicts that after touching the lower boundary of the descending channel, UJ will rebound and aim to reach the psychological level of 150.00. What are your thoughts on this? Please comment below!
Yesterday, USDJPY experienced a slight correction, and the price has now dropped to 148.50. However, it has not yet broken out of the upward trend channel. USDJPY continues to maintain a strong upward momentum on larger time frames such as 1D and 1W.
Considering the current market conditions, which favor UJ, Selena predicts that after touching the lower boundary of the descending channel, UJ will rebound and aim to reach the psychological level of 150.00. What are your thoughts on this? Please comment below!
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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.