USDJPY, particularly focusing on its resistance
Hi traders what do you think about USDJPY given suggestion in comments.
USDJPY, particularly focusing on its recent price movement and potential resistance and support levels. Based on your description, here's a more concise breakdown:
The USDJPY is currently approaching resistance zones, specifically between 156.500 and 158.000 the dollar's growth, such as inflation concerns and the Federal Reserve's decisions, including recent rate cuts On the downside, support is seen around the 153.500 level.
The outlook suggests that if USDJPY breaks through the current resistance, it could test higher levels, but any bearish momentum could lead it to revisit support at 153.500.
if you like this analysis please support my work and fallow thanks for love.
USDJPY, particularly focusing on its recent price movement and potential resistance and support levels. Based on your description, here's a more concise breakdown:
The USDJPY is currently approaching resistance zones, specifically between 156.500 and 158.000 the dollar's growth, such as inflation concerns and the Federal Reserve's decisions, including recent rate cuts On the downside, support is seen around the 153.500 level.
The outlook suggests that if USDJPY breaks through the current resistance, it could test higher levels, but any bearish momentum could lead it to revisit support at 153.500.
if you like this analysis please support my work and fallow thanks for love.
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Join my Telegram channel
t.me/+SFFwl7TAPDhkZDA0
Contact For Learning
t.me/GOLDFREESIGNALS134
t.me/+SFFwl7TAPDhkZDA0
Contact For Learning
t.me/GOLDFREESIGNALS134
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.