U.S. Dollar / Japanese Yen
Short
Updated

USDJPY - 5 May, trendline and resistance , signal SELL

189
USDJPY trend forecast MAY 5 , 2025


💬The Japanese Yen (JPY) maintains a slight upward bias against the US Dollar (USD) for a second consecutive day on Monday, supported by renewed safe-haven demand, though lacking strong bullish momentum. While US-China trade tensions appear to be easing, investor caution persists amid President Trump's unpredictable trade rhetoric. Broader geopolitical uncertainties further underpin the JPY, while modest USD softness nudges the USD/JPY pair closer to the 144.00 level during the Asian session.

💬Forming a small dow, breakout. Downtrend at the beginning of the week, waiting for a sell signal at the trendline and resistance liquidity zone (144,400 - 144,600)

🥇/// SELL USDJPY: zone 144.400 - 144.600

SL: 144.900

TP: 40 - 60 - 100pips ( 143.600 )



Safe and profitable trading
Trade active
snapshot

+ 60 pips , signal SELL USDJPY ( 144.400 -144.600 )
Trade closed: target reached
+ 90 pips , big profit sell USDJPY ( 144.400 - 144.600 )

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