USD/JPY is rising and can reach a resistance area
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Today we will look at the USD/JPY price.
Looking at the chart, we can see how the price tested the support area and started to rise.
The Japanese Yen may continue to rise towards the resistance area.
In my opinion, the price can form two upward impulses, with the help of which it will reach the resistance area.
In this case, I see two targets.
I set the first target at the level of 150.00, the next target is in the zone of 151.50-152.00.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the USD/JPY price.
Looking at the chart, we can see how the price tested the support area and started to rise.
The Japanese Yen may continue to rise towards the resistance area.
In my opinion, the price can form two upward impulses, with the help of which it will reach the resistance area.
In this case, I see two targets.
I set the first target at the level of 150.00, the next target is in the zone of 151.50-152.00.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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