USDJPY Analysis & Forecast
🔴 Current Market Overview: USDJPY has recently rejected its resistance zone and is now showing potential for selling pressure around the 151.50 level. The market is expected to move toward a technical target of 148.00.
📈 Resistance Zone: 152.62
📉 Support Zone: 150.90
🔍 Forecast:
The price action suggests a bearish outlook, with key levels being closely watched. A break below the support zone at 150.90 could confirm further downward movement towards the 148.00 target.
⚠️ Trade Idea:
Look for potential sell opportunities around 151.50, with stops above 152.62 for risk management.
Stay alert and trade safely!
🔴 Current Market Overview: USDJPY has recently rejected its resistance zone and is now showing potential for selling pressure around the 151.50 level. The market is expected to move toward a technical target of 148.00.
📈 Resistance Zone: 152.62
📉 Support Zone: 150.90
🔍 Forecast:
The price action suggests a bearish outlook, with key levels being closely watched. A break below the support zone at 150.90 could confirm further downward movement towards the 148.00 target.
⚠️ Trade Idea:
Look for potential sell opportunities around 151.50, with stops above 152.62 for risk management.
Stay alert and trade safely!
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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.
t.me/+Wk3XND6wuko1ZTdk
join here for more analysis and vip paid group and best account management
t.me/+Wk3XND6wuko1ZTdk
join here for more analysis and vip paid group and best account management
t.me/+Wk3XND6wuko1ZTdk
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.