Greetings, dear friends! Today, the USDJPY has continued its upward trend as expected. Upon examining the 1-hour chart closely, it becomes evident that the pair has yet to surpass the nearest resistance zone located at 149.43. At present, the pair is trading within a range around 149.12. The formation of a sustained uptrend has provided support for the pair, while the closest support level at 148.99 has played a significant role in driving its upward movement.
Based on the above analysis, it is apparent that Alselv's target lies at 150.00. Alselv has previously identified this target by successfully surpassing the current nearest resistance level at 149.71.
Based on the above analysis, it is apparent that Alselv's target lies at 150.00. Alselv has previously identified this target by successfully surpassing the current nearest resistance level at 149.71.
Trade active
Note
good luckTrade closed: target reached
Note
Trade closed: target reached
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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.