Hi Traders Overview of USDJPY Structure 06 January 2025 Fallow to This Setup.
The USDJPY pair has been showing a bullish structure, and the 161.000 level is often a significant resistance zone. This level could be a key price point where the pair might face selling pressure, causing a potential pullback or consolidation. Traders typically watch this zone closely for signs of price rejection or a breakout.
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