USDJPY ended its price increase streak, sinking into the red
Updated
Hello dear friends.
USDJPY continues to decline today. The current price is at 147.69, far from the annual high target of 150.00.
On our chart, the extended uptrend of the USDJPY pair has been completely broken, and the resistance level at 149.00 is acting as a significant barrier for any meaningful recovery of this currency pair.
The downside target below 145.500 will pose a threat to this currency pair if they cannot find new upward momentum.
USDJPY continues to decline today. The current price is at 147.69, far from the annual high target of 150.00.
On our chart, the extended uptrend of the USDJPY pair has been completely broken, and the resistance level at 149.00 is acting as a significant barrier for any meaningful recovery of this currency pair.
The downside target below 145.500 will pose a threat to this currency pair if they cannot find new upward momentum.
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