There is a very good potential for usdjpy to drop
In the daily time frame, the price has reached its resistance
In the 4-hour time frame, the price has broken its long-term uptrend line that started on July 14, 2023.
For better confirmation, it needs to break the price of 148.900, but in this current area, it is also a good signal for a sell position to the price of 145.900.
In the 4-hour time frame, the price has broken its long-term uptrend line that started on July 14, 2023.
For better confirmation, it needs to break the price of 148.900, but in this current area, it is also a good signal for a sell position to the price of 145.900.
Trade closed: target reached
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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.