💎 Pair Name : USD /JPY Setup
🕐 4HR'S Chart
🧾 : WHY IS USDJPY GOING DOWN?
Economic indicators and data releases from the United States and Japan can have a significant impact on the exchange rate. Negative economic data, such as lower-than-expected GDP growth, rising unemployment, or weak consumer spending in the U.S., can lead to a decline in USD/JPY as investors may sell off U.S. dollars for yen.
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Bearish Break
147.550 Area
Reasons
Major Turn level / M
Visible Range Hvn
Quarter's Area
Year / M High
Trend Line
Bullish Reversal
144.500 Area
Reasons
Major Turn level / M
Chcoh Area
Visible Range Lvn
Trend Line
M / Low
PB 50% Area
——————————
🕐 4HR'S Chart
🧾 : WHY IS USDJPY GOING DOWN?
Economic indicators and data releases from the United States and Japan can have a significant impact on the exchange rate. Negative economic data, such as lower-than-expected GDP growth, rising unemployment, or weak consumer spending in the U.S., can lead to a decline in USD/JPY as investors may sell off U.S. dollars for yen.
——————————
Bearish Break
147.550 Area
Reasons
Major Turn level / M
Visible Range Hvn
Quarter's Area
Year / M High
Trend Line
Bullish Reversal
144.500 Area
Reasons
Major Turn level / M
Chcoh Area
Visible Range Lvn
Trend Line
M / Low
PB 50% Area
——————————
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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.
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.