USDJPY broke above the 1day MA50. Bullish signal.

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:

USDJPY Buy the Resistance break out.


Follow us, like the idea and leave a comment below!!
Chart PatternsForexTechnical IndicatorsjapaneseyenjpypairsTrend AnalysisUSDUSDJPYDJ FXCM Index

TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!

🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰

TELEGRAM: t.me/thecryptagon
Also on:

Disclaimer