USD/JPY holds within trend line - positive NFP news supports USD

🔔🔔🔔USD/JPY news:
➡️ USD/JPY price decreased to 143.80 due to the weakness of the USD after the US employment report decreased compared to the previous month and Average Hourly Earnings m/m decreased slightly, However, NFP was better than the previous forecast, so this is probably support for the USD
Personal opinion:
➡️ USD/JPY is still maintained in the trend line, the buyers have returned after the RSI almost entered the oversold zone and there are signs of slowing down of the sellers.
➡️ Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 143.80- 144.00
❌SL: 143.40 | ✅TP: 144.50 – 145.00
FM wishes you a successful trading day 💰💰💰
➡️ USD/JPY price decreased to 143.80 due to the weakness of the USD after the US employment report decreased compared to the previous month and Average Hourly Earnings m/m decreased slightly, However, NFP was better than the previous forecast, so this is probably support for the USD
Personal opinion:
➡️ USD/JPY is still maintained in the trend line, the buyers have returned after the RSI almost entered the oversold zone and there are signs of slowing down of the sellers.
➡️ Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 143.80- 144.00
❌SL: 143.40 | ✅TP: 144.50 – 145.00
FM wishes you a successful trading day 💰💰💰
Trade closed: target reached
awesometouch 145.00
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
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.