USDJPY Long 8/6/24 - 8/13/24 Weekly
Moving Average of the 50-day is 143.750 Indicates a possible upward trend if the price stays above the moving average!
Moving Average of the 200-day is 144.25 Indicating a long-term bullish trend if the price stays above the moving average.
Be cautious if the RSI reaches overbought territory (above 70) as it might indicate a short-term pullback. Relative Strength Index (RSI) is currently at 48 (as of August 5th) Indicating neither overbought nor oversold conditions.
Prediction is a BUY/Bullish/Long
Entry-145.500
TP 1 - 150.000
TP 2 - 155.500
TP 3 - 160.000
SL - 140.550
Key Levels 140.550 142.500 145.000
Moving Average of the 200-day is 144.25 Indicating a long-term bullish trend if the price stays above the moving average.
Be cautious if the RSI reaches overbought territory (above 70) as it might indicate a short-term pullback. Relative Strength Index (RSI) is currently at 48 (as of August 5th) Indicating neither overbought nor oversold conditions.
Prediction is a BUY/Bullish/Long
Entry-145.500
TP 1 - 150.000
TP 2 - 155.500
TP 3 - 160.000
SL - 140.550
Key Levels 140.550 142.500 145.000
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