U.S. Dollar / Japanese Yen
Short
Updated

USDJPY| BEAR RUN

184
Hello Everyone

The price has broken the channel, as I mentioned in my previous analysis. For today, we anticipate a short ascending movement as a correction, followed by a decline toward the support zone, aiming to break it and reach 147.23.

Regarding the uptrend, a breakout above the zone of 153.77 and 152.43 is necessary, especially if the price surpasses 155.06.

Tendency Keys: 150.62
Resistance Line 150.62, 153.77, 152.43
Support Line: 149.62, 148.63, 147.23
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The area below the price is a strong support zone, making it difficult for the price to break through. The price needs to cross this zone to decline further. However, as long as it trades above this zone, it will attempt to rise.

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