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USDJPY broke above the 1day MA50. Bullish signal.
U.S. Dollar / Japanese Yen
Long
USDJPY broke above the 1day MA50. Bullish signal.
By TheCryptagon
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Oct 2, 2024
5
Oct 2, 2024
USDJPY broke above the 1day MA50 for the first time since July 17th.
That is a clear bullish signal as the last time it did this after a correction was on January 16th 2024.
We expect at least a test of Resistance A on the short-term.
Buy and target 149.500.
Previous chart:
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Chart Patterns
Forex
Technical Indicators
japaneseyen
jpy
pairs
Trend Analysis
USD
USDJPY
DJ FXCM Index
TheCryptagon
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