After breaking the channel's lower bound, USDJPY declined to a month-low nearly 150.00.
The price rebounded with diverging bearish EMAs, indicating the bearish momentum.
If USDJPY breaks below 150.00, the price may fall to the following support at 148.00.
Conversely, if USDJPY breaches above 152.70, the price could rise to the next resistance at 154.00
The price rebounded with diverging bearish EMAs, indicating the bearish momentum.
If USDJPY breaks below 150.00, the price may fall to the following support at 148.00.
Conversely, if USDJPY breaches above 152.70, the price could rise to the next resistance at 154.00
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.
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.