Brian, thank you all!
The USD/JPY pair is facing difficulties in capitalizing on the positive momentum from Friday and opened with a modest decline on the first day of the new week.
However, the price is still attempting to recover a few pips from below 149.00, although lacking follow-through amid escalating geopolitical tensions in the Middle East, which tends to benefit the safe-haven Japanese Yen.
Key levels to watch:
Support level at 148.38 and resistance level targeted at 149.41, followed by 149.91.
The USD/JPY pair is facing difficulties in capitalizing on the positive momentum from Friday and opened with a modest decline on the first day of the new week.
However, the price is still attempting to recover a few pips from below 149.00, although lacking follow-through amid escalating geopolitical tensions in the Middle East, which tends to benefit the safe-haven Japanese Yen.
Key levels to watch:
Support level at 148.38 and resistance level targeted at 149.41, followed by 149.91.
Note
good luckTrade active
Trade active
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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.