USDJPY 1H : Uptrend above 148.74
USDJPY
New forecast
The USD/JPY pair faced negative pressure in the past sessions and tried to break the support of the ascending channel, but it maintained its stability above the support of the ascending channel, so that the upward trend scenario remains valid in the immediate and short term, awaiting achieving our goals, which start at 150.00 and extend to 150.55 after exceeding the previous level.
Therefore, the upward trend scenario will remain effective for the coming period supported by bullish channel and dollar strong ,The expected upward wave, which will remain in effect provided that the price remains above the 148.74 level.
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 150.00 , 150.55
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The USD/JPY pair faced negative pressure in the past sessions and tried to break the support of the ascending channel, but it maintained its stability above the support of the ascending channel, so that the upward trend scenario remains valid in the immediate and short term, awaiting achieving our goals, which start at 150.00 and extend to 150.55 after exceeding the previous level.
Therefore, the upward trend scenario will remain effective for the coming period supported by bullish channel and dollar strong ,The expected upward wave, which will remain in effect provided that the price remains above the 148.74 level.
Additionally ,Today News will affect the market .
support line : 148.74 , 147.80
resistance line : 150.00 , 150.55
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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