USDJPY is forming a move of the potential from resistance to support relative to 150.884. Which indicates the presence of a strong bull market.
Earlier, the market formed a false breakdown in the moment of harsh statements of Japanese regulators. But, traders are still selling JPY on the background of strong dollar.
Scenario: breakout of the resistance area 151.5 - 151.9, which will form an impulse with further growth. Target 152.5, 153, 155
Earlier, the market formed a false breakdown in the moment of harsh statements of Japanese regulators. But, traders are still selling JPY on the background of strong dollar.
Scenario: breakout of the resistance area 151.5 - 151.9, which will form an impulse with further growth. Target 152.5, 153, 155
Trade closed: target reached
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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.
❤️ Telegram channel: t.me/AndeWave
Related publications
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.