📉 Ready to Ride the Wave? Let's Dive into the USD/JPY SellHey there, fellow traders! If you're looking for an exciting move in the forex market, USD/JPY has got something special brewing, and here's why you should pay attention:
🔍 Reading the Charts: Our analysis is shouting 'sell' from the rooftops, starting with targets at 150.640. But that's just the beginning – we're aiming for even lower levels at 148.392 and 140.861. Buckle up for what could be a thrilling ride!
💼 The Big Picture: Beyond the numbers, there's a bigger story unfolding. The recent BOJ rate hike might seem like just another event, but it's actually a game-changer with global consequences. Get ready for some major shifts in the way money flows across borders.
🌊 Riding the Market Waves: As traders digest the news of Japan's first rate hike in over a decade, things are getting interesting. Volatility is on the horizon, and that means opportunity for those who are prepared. Keep your eyes peeled for how the yen reacts and be ready to ride the waves.
🔒 Protecting Your Trade: We're not taking any chances here. With a smart stop-loss set at 152.816, we're keeping our risks in check while aiming for those sweet returns. Stay flexible, stay informed, and get ready to make your mark in the forex world.
Don't let this USD/JPY opportunity pass you by – it's time to dive in and make some waves of your own!"
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After the rise from the 1.170 support (after the third wave of the collapse), the price rose to the resistance line. It bounced off the resistance at 1.214. But after the rollback, 1.218 was fixed on it.
Since the beginning of the week, the price has been slightly falling. I expect it to continue to the support line.
The target is 1.182.
🔔 11 / 13 last EURUSD forecasts come TRUE
EURJPY 03 05 2021EURJPY 03 05 2021
1 - false breakout of the resistance at 131.45 (the price has already returned to the line).
2 - strong resistance in July 2019 (border of an uptrend) without any breakout.
3 - the end of the growth, which has been from the beginning of January from the lower support of the channel 125.64.
Target - 127.98