USDJPY: Returning to a Bullish Trend?!
USDJPY is signaling a potential reversal following a prolonged downtrend.
A decisive bullish breakout above a key intraday resistance level suggests strong buying momentum.
I expect further recovery in the market, with a potential target of 157.10 in the short term.
A decisive bullish breakout above a key intraday resistance level suggests strong buying momentum.
I expect further recovery in the market, with a potential target of 157.10 in the short term.
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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.