USDJPY overview, correction underway
Updated
Dear friends, As we predicted long ago, UJ achieved the target of 150.00 by the end of the previous week, reaching its highest level of the year. However, the end of the trading session caused this currency pair to stop at 149.59.
Breaking out of the trend channel caused UJ to decline, but a confirmed support at 149.50 has led to a correction in this currency pair. The price may soon recover.
Do you agree with this analysis? What is your viewpoint?
Breaking out of the trend channel caused UJ to decline, but a confirmed support at 149.50 has led to a correction in this currency pair. The price may soon recover.
Do you agree with this analysis? What is your viewpoint?
Trade active
Trade closed: stop reached
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