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USDJPY: Multi-Time-Frame Outlook
U.S. Dollar / Japanese Yen
Long
USDJPY: Multi-Time-Frame Outlook
By AliSignals
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5 days ago
3
5 days ago
Hello Traders,
A weekly close above 159.00 strengthens the bullish outlook for the next 3 to 4 months.
Conversely, a break and close below 154.50 on the daily timeframe suggests a possible decline towards 148.00.
Currently, we anticipate a rebound from the 156.77-156.40 zone.
However, a solid close below 156.40 and a break of the ascending channel would increase the likelihood of a drop to 155.50.
Daily Charts
multitimeframeanalysis
Supply and Demand
Support and Resistance
Trend Analysis
Weekly Charts
AliSignals
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