USD/JPY (The main UP trend is to continue?)

View On USD/JPY (18 Jan 2023)

We have a quick rebound upon the yield curve control (YCC) decision upon BOJ.
It went up the strong resistant area of 131,5 region but it is quickly pull back down.

I expect sooner or later it will rise back up again to retest the 131 and this time gonna go higher.


132.4 and 134.6 are good resistant regions.


Let's see,


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Beyond Technical AnalysisjpysonicrmasterysonicrsystemTrend AnalysisUSDJPYyen

Related publications

Disclaimer