Get started
U.S. Dollar / Japanese Yen
Long

USDJPY at Key Support - Potential Buying Opportunity

573
USDJPY is inside a support zone, which has been a turning point for bullish move before. The recent bearish pressure brings the price into this area, creating a potential buying opportunity.

If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 152,750. However, a break below this support would invalidate the bullish bias and could lead to further declines.

Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management!
TrendDiva
dailyanalysisdailychartsmartmoneyconceptsupply_and_demandSupply and DemandSupport and ResistancesupportandresistancezonestrendanalyisisTrend Analysisusdjpylong

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.
dailyanalysisdailychartsmartmoneyconceptsupply_and_demandSupply and DemandSupport and ResistancesupportandresistancezonestrendanalyisisTrend Analysisusdjpylong
TrendDiva

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.