USDJPY - CONSOLIDATION
The price has been trading between 146.66 and 144.19 for a long time. For today, the price may rise to the resistance level of 146.43 and then this level will push the price down
Overall Trend consolidation
Bearish Outlook: If the price stabilizes below 145.572, confirmed by the close of a 4-hour candle, it could trigger a decline toward 144.197. Continued trading below this level would likely target the next support level at 142.607.
Bullish Outlook: For the uptrend to be confirmed, the price must stabilize above 146.438. This would establish an upward trajectory with the potential to reach the resistance level at 148.663. Should the price maintain its position above this level, it could advance further to 149.921.
Key Levels to Watch: 146.438
Overall Trend consolidation
Bearish Outlook: If the price stabilizes below 145.572, confirmed by the close of a 4-hour candle, it could trigger a decline toward 144.197. Continued trading below this level would likely target the next support level at 142.607.
Bullish Outlook: For the uptrend to be confirmed, the price must stabilize above 146.438. This would establish an upward trajectory with the potential to reach the resistance level at 148.663. Should the price maintain its position above this level, it could advance further to 149.921.
Key Levels to Watch: 146.438
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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