USDJPY: Local Bullish Reversal?!
I see a nice positive reaction from buyers at an important daily support level on the 📈USDJPY chart.
Following a test of the highlighted blue zone, the price began to consolidate and formed a tiny horizontal range on the daily timeframe.
The resistance if the range was broken, indicating strong buying momentum.
We anticipate further bullish movement, with a target of at least 151.51.
Following a test of the highlighted blue zone, the price began to consolidate and formed a tiny horizontal range on the daily timeframe.
The resistance if the range was broken, indicating strong buying momentum.
We anticipate further bullish movement, with a target of at least 151.51.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
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.