USDJPY update, price increased again
Updated
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The USDJPY experienced a slight downward adjustment today, reaching the level of 148.50. However, there are no signs yet of a significant price breakthrough or trend reversal. The USDJPY is still within its potential upward trend on the D1, W1, and H4 time frames, indicating that the bullish trend remains well supported.
Given the current uncertainty, it is possible that the USDJPY pair may experience further declines towards support levels around 148.07 - 147.04. However, it is also likely that UJ will recover and aim for psychological level at 150.00 in continuation of its positive momentum
The USDJPY experienced a slight downward adjustment today, reaching the level of 148.50. However, there are no signs yet of a significant price breakthrough or trend reversal. The USDJPY is still within its potential upward trend on the D1, W1, and H4 time frames, indicating that the bullish trend remains well supported.
Given the current uncertainty, it is possible that the USDJPY pair may experience further declines towards support levels around 148.07 - 147.04. However, it is also likely that UJ will recover and aim for psychological level at 150.00 in continuation of its positive momentum
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