USD JPY: Target 150.00

Updated
Dear beloved friends, What do you think, will USD JPY rise or fall today?

From observing the 1-hour chart, as predicted by Karina UJ yesterday, it has increased as expected with today's price fluctuating within the range of 149.13.

However, this currency pair has not yet broken through the nearest resistance zone at 149.43. On the other hand, the Bollinger Band is still functioning steadily and no abnormal signs have appeared. In larger time frames such as 4H and 1D, the upward trend is still active.
Therefore, Karina continues to set her target at 150.00 with UJ finding support at 149.0 and surpassing the current resistance.
Trade active
Note
The JPY USD is increasing as expected at 147,778. Target 150.00 straight forward
Trade closed: stop reached
breakoutForexHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalTrend AnalysisUSDJPY

Related publications

Disclaimer