USDJPY receives strong support

Updated
Hello all of you! Let's explore the market with Alselv.

Currently, the UDJPY pair is consolidating its price increases after trading sideways for several days. It is currently trading at 148.87 USD. In the long term, the pair is expected to increase due to positive risk sentiment caused by the conflict in the Middle East. EU buyers are pushing the price up to 148.92 USD, with an anticipated increase to 150.00 USD.

What are your thoughts?
Trade active
Comment
If you find the article interesting, please leave a like and follow to receive the latest updates
Comment
Clear target for USDJPY to rise to $150.00 USD
Comment
Touching the resistance level is expected to increase further
Trade active
Comment
Good luck
Comment
USDJPY breaks out with a pennant pattern
Comment
This morning session increased slightly
Trade closed: target reached
ForexHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend AnalysisUSDJPY

Related publications

Disclaimer