USD/JPY Technical Analysis – 1H Chart
The chart indicates a bullish setup for USD/JPY, with a Point of Interest (POI) around the 149.100 - 149.400 zone, highlighted as a potential demand area. If price retraces into this zone and finds support, it could provide a strong buying opportunity.
The expected move is a rally towards the 152.135 target area, aligning with a key resistance level. Price action and volume should be monitored for confirmation of bullish momentum. A break below the POI may invalidate the setup.
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The chart indicates a bullish setup for USD/JPY, with a Point of Interest (POI) around the 149.100 - 149.400 zone, highlighted as a potential demand area. If price retraces into this zone and finds support, it could provide a strong buying opportunity.
The expected move is a rally towards the 152.135 target area, aligning with a key resistance level. Price action and volume should be monitored for confirmation of bullish momentum. A break below the POI may invalidate the setup.
If you enjoy, press the like button.
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.