U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - 24 April, touch uptrend line H1

203
USDJPY trend forecast April 24 , 2025


💬 The Japanese Yen gained ground against the US Dollar in early Thursday trading, halting its pullback from the multi‑month peak set earlier this week. Demand for the haven currency perked up after US Treasury Secretary Scott Bessent cautioned that a swift breakthrough in the US‑China trade dispute is unlikely. In addition, expectations that the Bank of Japan will stick to its normalisation path and deliver further rate increases in 2025 continue to lend underlying support to the JPY

💬 Dxy has a short recovery, pulling the USDJPY currency pair up in a short range, touching the H1 trendline and heading up according to the current short-term uptrend.


🥇/// BUY USDJPY : zone 142.600 - 142.400

SL: 142.100

TP: 40 - 60 - 150pips ( 143.900 )


Safe and profitable trading
Trade active
+ 25 pips . great signal BUY USDJPY ( 142.600 - 142.400 ) , nice
Trade closed: target reached
+ 35 pips profit from entry buy USDJPY ( 142.600 - 142.400 )

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