USDJPY - continue DOWN trend next week

89
USDJPY trend forecast next week: 10 march - 14 march , 2025

⚠️The US Dollar (USD) has room to retest the 147.30 level against the Japanese Yen (JPY), though the next support at 147.00 is unlikely to be at risk. In the longer term, increasing downward momentum indicates that the USD could weaken toward 147.00, according to UOB Group's FX analysts Quek Ser Leang and Peter Chia.

A further decline toward 147.00 remains possible.

⚠️ H4 frame shows selling pressure maintained, creating DOW pattern (lower bottom than previous bottom) JPY value improved thanks to government apparatus and innovation policy. Next week is still selling pressure of USDJPY

🚨 note : Resistance zone : 148.500 , 150.000 , 152.200


🚨note: Support zone : 146.100 , 143.000


Safe and profitable trading

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.