USDJPY BUY OUTLOOK
We are buying USD/JPY at 150.5 because:
- *Breakout above resistance*: The pair has broken above the 150.30 resistance level, which is a significant technical level.
- *Rally expected*: When a pair breaks above a resistance level, it often triggers a rally, meaning the price is expected to go up.
- *Buying opportunity*: By buying at 150.5, we are taking advantage of the potential rally and expecting the pair to continue going up.
- *Targeting higher levels*: Our target is likely higher than 150.5, possibly around 151.45 or 152.00, as mentioned in the technical analysis.
- *Potential for profit*: If the pair reaches our target, we can sell and make a profit.
- We are buying USD/JPY at 150.5
- Our target is 151.7
This means we are expecting the pair to go up by about 120 pips (151.7 - 150.5) and reach our target. If it does, we can sell and make a profit.
Overall, buying USD/JPY at 150.5 is a strategic move to take advantage of the potential rally and target higher levels for profit.
- *Breakout above resistance*: The pair has broken above the 150.30 resistance level, which is a significant technical level.
- *Rally expected*: When a pair breaks above a resistance level, it often triggers a rally, meaning the price is expected to go up.
- *Buying opportunity*: By buying at 150.5, we are taking advantage of the potential rally and expecting the pair to continue going up.
- *Targeting higher levels*: Our target is likely higher than 150.5, possibly around 151.45 or 152.00, as mentioned in the technical analysis.
- *Potential for profit*: If the pair reaches our target, we can sell and make a profit.
- We are buying USD/JPY at 150.5
- Our target is 151.7
This means we are expecting the pair to go up by about 120 pips (151.7 - 150.5) and reach our target. If it does, we can sell and make a profit.
Overall, buying USD/JPY at 150.5 is a strategic move to take advantage of the potential rally and target higher levels for profit.
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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.
Free Forex signals & Daily updates 💹
t.me/+D1falYavqJAxMzE0
For any assistance contact us 🤓
t.me/Travis_816
Join Us Today On Telegram 👆👆
t.me/+D1falYavqJAxMzE0
For any assistance contact us 🤓
t.me/Travis_816
Join Us Today On Telegram 👆👆
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.