Usdjpy analysis buy
1. Key Levels Identified:
Support Level: Around 147.000 JPY
Resistance Level: Around 149.000 JPY
2. Distance Calculation:
Distance between Support and Resistance:
JPY (200 pips)
3. Trading Implication:
The analysis suggests a bullish move from the 147.000 support level up to the 149.000 resistance level.
If price respects support, an uptrend is expected toward 149.000.
If 149.000 is broken, further upside movement is possible.
Support Level: Around 147.000 JPY
Resistance Level: Around 149.000 JPY
2. Distance Calculation:
Distance between Support and Resistance:
JPY (200 pips)
3. Trading Implication:
The analysis suggests a bullish move from the 147.000 support level up to the 149.000 resistance level.
If price respects support, an uptrend is expected toward 149.000.
If 149.000 is broken, further upside movement is possible.
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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.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.