USDJPY sustained its uptrend and advanced to 155.70. The price is approaching the ascending channel's upper bound, maintaining bullish momentum.
If USDJPY breaches the channel's upper bound, the price could surge to a four-month high at 157.50.
Conversely, if USDJPY fails to hold above EMA21, the price may fall to 153.10, coinciding with EMA78.
If USDJPY breaches the channel's upper bound, the price could surge to a four-month high at 157.50.
Conversely, if USDJPY fails to hold above EMA21, the price may fall to 153.10, coinciding with EMA78.
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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.